	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,968	£35,493	£36,380	£37,289	£38,408	£182,538
Total Expenses	£36,324	£36,423	£36,554	£36,689	£36,844	£182,834
Profit Before Tax	£-1,356	£-930	£-175	£600	£1,564	£-297
Profit After Tax	£-1,356	£-930	£-175	£600	£1,267	£-594
Change In Property Value	£8	£8	£15,540	£27,739	£36,913	£80,209
Net Return	£-1,349	£-922	£15,366	£28,340	£38,180	£79,615
Return From Rental Income (%)	-1%	0%	0%	0%	0%	0%
Total Net Return (%)	-1%	0%	6%	11%	15%	31%