	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,952	£15,176	£15,556	£15,945	£16,423	£78,051
Total Expenses	£16,390	£16,458	£16,539	£16,622	£16,712	£82,720
Profit Before Tax	£-1,438	£-1,282	£-983	£-677	£-289	£-4,669
Profit After Tax	£-1,438	£-1,282	£-983	£-677	£-289	£-4,669
Change In Property Value	£3,250	£3,283	£9,946	£13,659	£15,981	£46,119
Net Return	£1,812	£2,001	£8,963	£12,982	£15,692	£41,450
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	2%	2%	9%	13%	15%	41%