	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,744	£9,890	£10,137	£10,391	£49,762
Total Expenses	£10,682	£10,746	£10,802	£10,869	£10,937	£54,035
Profit Before Tax	£-1,082	£-1,002	£-912	£-731	£-546	£-4,273
Profit After Tax	£-1,082	£-1,002	£-912	£-731	£-546	£-4,273
Change In Property Value	£3,600	£8,526	£11,346	£13,174	£9,683	£46,328
Net Return	£2,518	£7,524	£10,434	£12,442	£9,137	£42,055
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	3%	10%	14%	17%	13%	58%