	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,756	£25,127	£25,756	£26,399	£27,191	£129,230
Total Expenses	£26,297	£26,380	£26,486	£26,594	£26,716	£132,472
Profit Before Tax	£-1,541	£-1,253	£-730	£-195	£476	£-3,243
Profit After Tax	£-1,541	£-1,253	£-730	£-195	£476	£-3,243
Change In Property Value	£6	£6	£11,000	£19,635	£26,129	£56,776
Net Return	£-1,535	£-1,247	£10,270	£19,441	£26,605	£53,533
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%