	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,996	£10,146	£10,298	£10,556	£10,819	£51,815
Total Expenses	£11,042	£11,107	£11,163	£11,231	£11,300	£55,842
Profit Before Tax	£-1,046	£-961	£-865	£-675	£-480	£-4,026
Profit After Tax	£-1,046	£-961	£-865	£-675	£-480	£-4,026
Change In Property Value	£2,500	£7,573	£10,401	£12,169	£9,891	£42,534
Net Return	£1,454	£6,613	£9,536	£11,494	£9,411	£38,507
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	2%	9%	13%	15%	12%	51%