	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,976	£27,381	£28,065	£28,767	£29,630	£140,818
Total Expenses	£28,483	£28,569	£28,681	£28,795	£28,924	£143,451
Profit Before Tax	£-1,507	£-1,189	£-615	£-28	£706	£-2,633
Profit After Tax	£-1,507	£-1,189	£-615	£-28	£706	£-2,633
Change In Property Value	£6	£6	£11,990	£21,403	£28,481	£61,886
Net Return	£-1,501	£-1,183	£11,375	£21,375	£29,187	£59,253
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%