	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,560	£16,808	£17,229	£17,659	£18,189	£86,445
Total Expenses	£17,939	£18,010	£18,095	£18,182	£18,277	£90,503
Profit Before Tax	£-1,379	£-1,201	£-866	£-522	£-88	£-4,057
Profit After Tax	£-1,379	£-1,201	£-866	£-522	£-88	£-4,057
Change In Property Value	£3,600	£3,636	£11,017	£15,130	£17,702	£51,085
Net Return	£2,221	£2,435	£10,151	£14,608	£17,614	£47,028
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-4%
Total Net Return (%)	2%	2%	9%	13%	15%	41%