	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,600	£31,059	£31,835	£32,631	£33,610	£159,736
Total Expenses	£32,039	£32,131	£32,252	£32,375	£32,516	£161,312
Profit Before Tax	£-1,439	£-1,072	£-416	£256	£1,095	£-1,576
Profit After Tax	£-1,439	£-1,072	£-416	£256	£887	£-1,784
Change In Property Value	£7	£7	£13,600	£24,276	£32,305	£70,195
Net Return	£-1,432	£-1,065	£13,184	£24,533	£33,192	£68,412
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	-1%	0%	6%	11%	15%	30%