	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,168	£18,441	£18,902	£19,374	£19,955	£94,839
Total Expenses	£19,488	£19,562	£19,651	£19,742	£19,843	£98,285
Profit Before Tax	£-1,320	£-1,121	£-749	£-368	£113	£-3,446
Profit After Tax	£-1,320	£-1,121	£-749	£-368	£113	£-3,446
Change In Property Value	£4	£4	£7,900	£14,102	£18,765	£40,775
Net Return	£-1,316	£-1,117	£7,151	£13,734	£18,878	£37,329
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	-1%	6%	11%	15%	29%