	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,104	£16,346	£16,754	£17,173	£17,688	£84,065
Total Expenses	£17,497	£17,567	£17,651	£17,736	£17,831	£88,281
Profit Before Tax	£-1,393	£-1,221	£-896	£-563	£-142	£-4,216
Profit After Tax	£-1,393	£-1,221	£-896	£-563	£-142	£-4,216
Change In Property Value	£4	£4	£7,000	£12,495	£16,628	£36,130
Net Return	£-1,389	£-1,218	£6,104	£11,932	£16,485	£31,914
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	-1%	5%	11%	15%	29%