	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,884	£11,047	£11,213	£11,493	£11,781	£56,418
Total Expenses	£11,422	£11,488	£11,546	£11,615	£11,687	£57,758
Profit Before Tax	£-538	£-441	£-333	£-122	£94	£-1,340
Profit After Tax	£-538	£-441	£-333	£-122	£94	£-1,340
Change In Property Value	£3	£5,180	£9,246	£12,304	£8,572	£35,305
Net Return	£-535	£4,739	£8,914	£12,182	£8,666	£33,966
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	11%	43%