	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,668	£13,873	£14,220	£14,575	£15,013	£71,349
Total Expenses	£14,436	£14,503	£14,580	£14,660	£14,746	£72,925
Profit Before Tax	£-768	£-630	£-360	£-84	£267	£-1,576
Profit After Tax	£-768	£-630	£-360	£-84	£267	£-1,576
Change In Property Value	£3	£3	£5,580	£9,960	£13,255	£28,801
Net Return	£-765	£-627	£5,220	£9,876	£13,521	£27,225
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	-1%	6%	11%	16%	32%