	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,528	£24,896	£25,518	£26,156	£26,941	£128,039
Total Expenses	£26,076	£26,158	£26,264	£26,371	£26,492	£131,362
Profit Before Tax	£-1,548	£-1,263	£-745	£-215	£449	£-3,322
Profit After Tax	£-1,548	£-1,263	£-745	£-215	£449	£-3,322
Change In Property Value	£5	£5	£10,900	£19,457	£25,892	£56,260
Net Return	£-1,542	£-1,257	£10,155	£19,242	£26,340	£52,937
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%