	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,772	£36,309	£37,216	£38,147	£39,291	£186,735
Total Expenses	£37,119	£37,218	£37,352	£37,489	£37,646	£186,825
Profit Before Tax	£-1,347	£-910	£-136	£658	£1,645	£-90
Profit After Tax	£-1,347	£-910	£-136	£553	£1,332	£-508
Change In Property Value	£8	£8	£15,900	£28,382	£37,768	£82,067
Net Return	£-1,339	£-902	£15,764	£28,935	£39,101	£81,559
Return From Rental Income (%)	-1%	0%	0%	0%	0%	0%
Total Net Return (%)	-1%	0%	6%	11%	15%	31%