	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,016	£17,271	£17,703	£18,146	£18,690	£88,826
Total Expenses	£18,381	£18,453	£18,539	£18,627	£18,724	£92,725
Profit Before Tax	£-1,365	£-1,182	£-836	£-482	£-34	£-3,899
Profit After Tax	£-1,365	£-1,182	£-836	£-482	£-34	£-3,899
Change In Property Value	£3,700	£3,737	£11,323	£15,550	£18,194	£52,504
Net Return	£2,335	£2,555	£10,487	£15,069	£18,160	£48,606
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	2%	2%	9%	13%	15%	41%