	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,392	£28,818	£29,538	£30,277	£31,185	£148,210
Total Expenses	£29,874	£29,963	£30,078	£30,195	£30,329	£150,439
Profit Before Tax	£-1,482	£-1,145	£-539	£81	£856	£-2,229
Profit After Tax	£-1,482	£-1,145	£-539	£81	£856	£-2,229
Change In Property Value	£6	£6	£12,620	£22,527	£29,977	£65,137
Net Return	£-1,476	£-1,139	£12,081	£22,609	£30,833	£62,908
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%