	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,648	£12,838	£13,159	£13,488	£13,892	£66,024
Total Expenses	£14,175	£14,240	£14,315	£14,392	£14,475	£71,599
Profit Before Tax	£-1,527	£-1,403	£-1,157	£-905	£-583	£-5,575
Profit After Tax	£-1,527	£-1,403	£-1,157	£-905	£-583	£-5,575
Change In Property Value	£2,750	£2,778	£8,416	£11,558	£13,523	£39,024
Net Return	£1,223	£1,375	£7,259	£10,653	£12,939	£33,449
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	1%	2%	9%	13%	15%	39%