	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,572	£29,001	£29,726	£30,469	£31,383	£149,150
Total Expenses	£30,051	£30,140	£30,255	£30,373	£30,507	£151,326
Profit Before Tax	£-1,479	£-1,139	£-530	£95	£875	£-2,177
Profit After Tax	£-1,479	£-1,139	£-530	£95	£875	£-2,177
Change In Property Value	£6	£6	£12,700	£22,670	£30,167	£65,550
Net Return	£-1,472	£-1,133	£12,171	£22,765	£31,043	£63,373
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	-1%	-1%	6%	11%	15%	30%