	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,996	£10,146	£10,298	£10,556	£10,819	£51,815
Total Expenses	£11,043	£11,108	£11,165	£11,232	£11,301	£55,850
Profit Before Tax	£-1,047	£-962	£-866	£-677	£-482	£-4,034
Profit After Tax	£-1,047	£-962	£-866	£-677	£-482	£-4,034
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£-1,045	£4,038	£8,059	£11,200	£7,792	£30,044
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	-1%	5%	11%	15%	10%	40%