	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,900	£13,094	£13,421	£13,756	£14,169	£67,340
Total Expenses	£13,693	£13,723	£13,767	£13,811	£13,863	£68,857
Profit Before Tax	£-793	£-630	£-346	£-55	£306	£-1,518
Profit After Tax	£-793	£-630	£-346	£-55	£306	£-1,518
Change In Property Value	£3,000	£3,030	£9,181	£12,608	£14,752	£42,571
Net Return	£2,208	£2,400	£8,835	£12,553	£15,058	£41,054
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	2%	3%	9%	13%	16%	44%