	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,032	£10,182	£10,335	£10,594	£10,858	£52,002
Total Expenses	£10,339	£10,404	£10,460	£10,528	£10,597	£52,329
Profit Before Tax	£-307	£-222	£-125	£66	£261	£-327
Profit After Tax	£-307	£-222	£-125	£66	£212	£-377
Change In Property Value	£2	£4,560	£8,140	£10,832	£7,546	£31,080
Net Return	£-305	£4,338	£8,014	£10,897	£7,758	£30,703
Return From Rental Income (%)	0%	0%	0%	0%	0%	-1%
Total Net Return (%)	0%	6%	12%	16%	11%	44%