	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,956	£29,390	£30,125	£30,878	£31,805	£151,154
Total Expenses	£30,426	£30,516	£30,632	£30,752	£30,887	£153,213
Profit Before Tax	£-1,470	£-1,126	£-507	£127	£918	£-2,059
Profit After Tax	£-1,470	£-1,126	£-507	£127	£918	£-2,059
Change In Property Value	£6	£6	£12,870	£22,973	£30,571	£66,428
Net Return	£-1,464	£-1,119	£12,363	£23,100	£31,489	£64,369
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%