	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,280	£11,449	£11,621	£11,911	£12,209	£58,471
Total Expenses	£11,976	£12,043	£12,101	£12,172	£12,244	£60,536
Profit Before Tax	£-696	£-594	£-480	£-260	£-35	£-2,065
Profit After Tax	£-696	£-594	£-480	£-260	£-35	£-2,065
Change In Property Value	£4,125	£9,769	£13,000	£15,094	£11,094	£53,083
Net Return	£3,429	£9,176	£12,520	£14,834	£11,059	£51,018
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	4%	11%	15%	18%	13%	60%