	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,356	£28,781	£29,501	£30,238	£31,146	£148,022
Total Expenses	£29,831	£29,919	£30,034	£30,152	£30,285	£150,222
Profit Before Tax	£-1,475	£-1,138	£-533	£86	£860	£-2,200
Profit After Tax	£-1,475	£-1,138	£-533	£86	£860	£-2,200
Change In Property Value	£6	£6	£12,600	£22,491	£29,930	£65,034
Net Return	£-1,469	£-1,132	£12,067	£22,578	£30,790	£62,834
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%