	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,528	£34,031	£34,882	£35,754	£36,826	£175,021
Total Expenses	£34,911	£35,007	£35,135	£35,266	£35,416	£175,735
Profit Before Tax	£-1,383	£-976	£-253	£488	£1,410	£-714
Profit After Tax	£-1,383	£-976	£-253	£488	£1,142	£-982
Change In Property Value	£7	£7	£14,900	£26,597	£35,393	£76,905
Net Return	£-1,375	£-969	£14,647	£27,085	£36,535	£75,923
Return From Rental Income (%)	-1%	0%	0%	0%	0%	0%
Total Net Return (%)	-1%	0%	6%	11%	15%	30%