	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,828	£34,335	£35,194	£36,074	£37,156	£176,587
Total Expenses	£36,615	£36,677	£36,773	£36,872	£36,991	£183,929
Profit Before Tax	£-2,787	£-2,341	£-1,580	£-799	£165	£-7,342
Profit After Tax	£-2,787	£-2,341	£-1,580	£-799	£165	£-7,342
Change In Property Value	£8	£8	£16,500	£29,453	£39,194	£85,164
Net Return	£-2,778	£-2,333	£14,921	£28,654	£39,358	£77,821
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	-1%	5%	10%	14%	28%