	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,688	£11,863	£12,041	£12,342	£12,651	£60,586
Total Expenses	£12,339	£12,406	£12,465	£12,537	£12,610	£62,357
Profit Before Tax	£-651	£-543	£-424	£-195	£40	£-1,772
Profit After Tax	£-651	£-543	£-424	£-195	£40	£-1,772
Change In Property Value	£2,850	£8,636	£11,859	£13,876	£11,278	£48,498
Net Return	£2,199	£8,093	£11,436	£13,681	£11,318	£46,727
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	2%	9%	13%	16%	13%	53%