	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,740	£26,126	£26,779	£27,449	£28,272	£134,366
Total Expenses	£27,784	£27,868	£27,977	£28,088	£28,213	£139,929
Profit Before Tax	£-2,044	£-1,742	£-1,198	£-639	£60	£-5,563
Profit After Tax	£-2,044	£-1,742	£-1,198	£-639	£60	£-5,563
Change In Property Value	£6	£6	£11,700	£20,885	£27,792	£60,389
Net Return	£-2,038	£-1,737	£10,503	£20,246	£27,851	£54,826
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	-1%	5%	10%	14%	28%