	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,657	£10,817	£11,088	£11,365	£54,428
Total Expenses	£11,094	£11,160	£11,216	£11,285	£11,356	£56,111
Profit Before Tax	£-594	£-502	£-399	£-198	£9	£-1,683
Profit After Tax	£-594	£-502	£-399	£-198	£9	£-1,683
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£-591	£4,498	£8,526	£11,679	£8,283	£32,395
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	11%	43%