	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,656	£13,861	£14,207	£14,563	£14,999	£71,286
Total Expenses	£14,760	£14,792	£14,837	£14,884	£14,938	£74,211
Profit Before Tax	£-1,104	£-931	£-630	£-321	£61	£-2,925
Profit After Tax	£-1,104	£-931	£-630	£-321	£61	£-2,925
Change In Property Value	£3,250	£3,283	£9,946	£13,659	£15,981	£46,119
Net Return	£2,146	£2,351	£9,316	£13,338	£16,042	£43,194
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	2%	2%	9%	13%	16%	42%