	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,752	£29,183	£29,913	£30,661	£31,581	£150,089
Total Expenses	£30,228	£30,317	£30,433	£30,551	£30,686	£152,214
Profit Before Tax	£-1,476	£-1,133	£-520	£109	£895	£-2,124
Profit After Tax	£-1,476	£-1,133	£-520	£109	£895	£-2,124
Change In Property Value	£6	£6	£12,780	£22,813	£30,357	£65,963
Net Return	£-1,469	£-1,127	£12,261	£22,922	£31,252	£63,839
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%