	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,632	£13,836	£14,182	£14,537	£14,973	£71,161
Total Expenses	£14,869	£14,935	£15,013	£15,092	£15,179	£75,088
Profit Before Tax	£-1,237	£-1,099	£-831	£-555	£-205	£-3,927
Profit After Tax	£-1,237	£-1,099	£-831	£-555	£-205	£-3,927
Change In Property Value	£2,900	£2,929	£8,875	£12,188	£14,260	£41,152
Net Return	£1,663	£1,830	£8,044	£11,633	£14,055	£37,225
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	2%	2%	9%	13%	16%	41%