	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,660	£9,805	£9,952	£10,201	£10,456	£50,073
Total Expenses	£10,366	£10,431	£10,486	£10,553	£10,621	£52,458
Profit Before Tax	£-706	£-626	£-534	£-352	£-166	£-2,384
Profit After Tax	£-706	£-626	£-534	£-352	£-166	£-2,384
Change In Property Value	£3,450	£8,171	£10,873	£12,625	£9,279	£44,398
Net Return	£2,744	£7,545	£10,338	£12,272	£9,114	£42,013
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-3%
Total Net Return (%)	4%	11%	15%	18%	13%	60%