	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,788	£17,040	£17,466	£17,902	£18,440	£87,636
Total Expenses	£18,160	£18,231	£18,317	£18,404	£18,501	£91,614
Profit Before Tax	£-1,372	£-1,192	£-851	£-502	£-61	£-3,978
Profit After Tax	£-1,372	£-1,192	£-851	£-502	£-61	£-3,978
Change In Property Value	£4	£4	£7,300	£13,031	£17,340	£37,678
Net Return	£-1,369	£-1,188	£6,449	£12,529	£17,279	£33,700
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	-1%	6%	11%	15%	29%