	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,656	£26,041	£26,692	£27,359	£28,180	£133,928
Total Expenses	£27,180	£27,265	£27,373	£27,483	£27,608	£136,910
Profit Before Tax	£-1,524	£-1,224	£-681	£-124	£572	£-2,982
Profit After Tax	£-1,524	£-1,224	£-681	£-124	£572	£-2,982
Change In Property Value	£6	£6	£11,400	£20,349	£27,079	£58,840
Net Return	£-1,519	£-1,218	£10,719	£20,225	£27,651	£55,858
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%