	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,344	£13,544	£13,883	£14,230	£14,657	£69,657
Total Expenses	£14,840	£14,906	£14,983	£15,062	£15,147	£74,938
Profit Before Tax	£-1,496	£-1,362	£-1,100	£-832	£-490	£-5,280
Profit After Tax	£-1,496	£-1,362	£-1,100	£-832	£-490	£-5,280
Change In Property Value	£2,900	£2,929	£8,875	£12,188	£14,260	£41,152
Net Return	£1,404	£1,567	£7,775	£11,356	£13,770	£35,872
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-6%
Total Net Return (%)	2%	2%	9%	13%	15%	40%