	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,672	£18,952	£19,426	£19,912	£20,509	£97,470
Total Expenses	£20,332	£20,406	£20,497	£20,589	£20,691	£102,516
Profit Before Tax	£-1,660	£-1,454	£-1,071	£-678	£-183	£-5,046
Profit After Tax	£-1,660	£-1,454	£-1,071	£-678	£-183	£-5,046
Change In Property Value	£4	£4	£8,300	£14,816	£19,716	£42,840
Net Return	£-1,656	£-1,450	£7,229	£14,138	£19,533	£37,794
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	-1%	5%	11%	15%	28%