	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,400	£11,571	£11,745	£12,038	£12,339	£59,093
Total Expenses	£12,793	£12,860	£12,918	£12,989	£13,062	£64,621
Profit Before Tax	£-1,393	£-1,289	£-1,173	£-951	£-723	£-5,528
Profit After Tax	£-1,393	£-1,289	£-1,173	£-951	£-723	£-5,528
Change In Property Value	£3	£6,000	£10,710	£14,252	£9,929	£40,894
Net Return	£-1,390	£4,711	£9,537	£13,301	£9,206	£35,366
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	-1%	5%	10%	14%	10%	38%