	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,408	£33,909	£34,757	£35,626	£36,695	£174,394
Total Expenses	£34,799	£34,896	£35,023	£35,154	£35,304	£175,176
Profit Before Tax	£-1,391	£-986	£-266	£472	£1,391	£-782
Profit After Tax	£-1,391	£-986	£-266	£472	£1,127	£-1,046
Change In Property Value	£7	£7	£14,850	£26,508	£35,274	£76,647
Net Return	£-1,384	£-979	£14,584	£26,979	£36,401	£75,601
Return From Rental Income (%)	-1%	0%	0%	0%	0%	0%
Total Net Return (%)	-1%	0%	6%	11%	15%	30%