	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,484	£17,746	£18,190	£18,645	£19,204	£91,269
Total Expenses	£19,162	£19,234	£19,322	£19,411	£19,510	£96,639
Profit Before Tax	£-1,678	£-1,488	£-1,132	£-766	£-306	£-5,370
Profit After Tax	£-1,678	£-1,488	£-1,132	£-766	£-306	£-5,370
Change In Property Value	£4	£4	£7,770	£13,870	£18,457	£40,104
Net Return	£-1,674	£-1,484	£6,638	£13,103	£18,151	£34,734
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	-1%	5%	11%	15%	28%