	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,772	£27,174	£27,853	£28,549	£29,406	£139,753
Total Expenses	£28,282	£28,368	£28,479	£28,592	£28,721	£142,442
Profit Before Tax	£-1,510	£-1,194	£-626	£-43	£685	£-2,688
Profit After Tax	£-1,510	£-1,194	£-626	£-43	£685	£-2,688
Change In Property Value	£6	£6	£11,899	£21,240	£28,265	£61,416
Net Return	£-1,504	£-1,188	£11,273	£21,197	£28,950	£58,727
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%