	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,920	£11,084	£11,250	£11,531	£11,820	£56,605
Total Expenses	£12,101	£12,167	£12,225	£12,295	£12,366	£61,155
Profit Before Tax	£-1,181	£-1,084	£-975	£-764	£-547	£-4,550
Profit After Tax	£-1,181	£-1,084	£-975	£-764	£-547	£-4,550
Change In Property Value	£3	£5,600	£9,996	£13,302	£9,267	£38,168
Net Return	£-1,178	£4,516	£9,021	£12,538	£8,720	£33,618
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	-1%	5%	10%	14%	10%	39%