	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,200	£10,353	£10,508	£10,771	£11,040	£52,873
Total Expenses	£11,225	£11,290	£11,346	£11,415	£11,484	£56,760
Profit Before Tax	£-1,025	£-937	£-838	£-644	£-444	£-3,887
Profit After Tax	£-1,025	£-937	£-838	£-644	£-444	£-3,887
Change In Property Value	£3,825	£9,059	£12,055	£13,997	£10,288	£49,223
Net Return	£2,800	£8,122	£11,217	£13,353	£9,844	£45,336
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	4%	10%	14%	17%	13%	58%