	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,684	£9,829	£9,977	£10,226	£10,482	£50,198
Total Expenses	£10,047	£10,111	£10,167	£10,234	£10,302	£50,862
Profit Before Tax	£-363	£-282	£-190	£-8	£180	£-664
Profit After Tax	£-363	£-282	£-190	£-8	£180	£-664
Change In Property Value	£2	£4,400	£7,854	£10,452	£7,281	£29,989
Net Return	£-361	£4,118	£7,664	£10,444	£7,461	£29,325
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	-1%	6%	11%	16%	11%	44%