	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,000	£18,270	£18,727	£19,195	£19,771	£93,962
Total Expenses	£19,670	£19,743	£19,832	£19,922	£20,023	£99,189
Profit Before Tax	£-1,670	£-1,473	£-1,105	£-727	£-252	£-5,227
Profit After Tax	£-1,670	£-1,473	£-1,105	£-727	£-252	£-5,227
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£-1,666	£-1,469	£6,895	£13,553	£18,751	£36,064
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	-1%	5%	11%	15%	28%