	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,172	£23,520	£24,108	£24,710	£25,452	£120,961
Total Expenses	£24,750	£24,831	£24,932	£25,036	£25,153	£124,702
Profit Before Tax	£-1,578	£-1,311	£-825	£-326	£298	£-3,742
Profit After Tax	£-1,578	£-1,311	£-825	£-326	£298	£-3,742
Change In Property Value	£5	£5	£10,300	£18,386	£24,466	£53,163
Net Return	£-1,573	£-1,306	£9,475	£18,060	£24,765	£49,421
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	-1%	6%	11%	15%	29%