	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,988	£24,348	£24,957	£25,580	£26,348	£125,221
Total Expenses	£26,109	£26,156	£26,228	£26,301	£26,389	£131,182
Profit Before Tax	£-2,121	£-1,808	£-1,271	£-721	£-41	£-5,962
Profit After Tax	£-2,121	£-1,808	£-1,271	£-721	£-41	£-5,962
Change In Property Value	£8,775	£8,907	£21,094	£28,070	£32,592	£99,438
Net Return	£6,654	£7,098	£19,823	£27,349	£32,552	£93,476
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	3%	4%	10%	14%	17%	48%