	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,728	£10,889	£11,052	£11,329	£11,612	£55,610
Total Expenses	£11,921	£11,987	£12,044	£12,114	£12,185	£60,251
Profit Before Tax	£-1,193	£-1,098	£-992	£-785	£-573	£-4,641
Profit After Tax	£-1,193	£-1,098	£-992	£-785	£-573	£-4,641
Change In Property Value	£3	£5,500	£9,818	£13,064	£9,102	£37,486
Net Return	£-1,190	£4,402	£8,826	£12,279	£8,529	£32,845
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	-1%	5%	10%	14%	10%	39%