	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,488	£10,645	£10,805	£11,075	£11,352	£54,365
Total Expenses	£11,085	£11,150	£11,207	£11,276	£11,346	£56,064
Profit Before Tax	£-597	£-505	£-402	£-201	£6	£-1,699
Profit After Tax	£-597	£-505	£-402	£-201	£6	£-1,699
Change In Property Value	£2	£4,995	£8,916	£11,865	£8,266	£34,044
Net Return	£-594	£4,490	£8,514	£11,664	£8,271	£32,345
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	11%	43%