	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,000	£9,135	£9,272	£9,504	£9,741	£46,652
Total Expenses	£10,139	£10,203	£10,258	£10,323	£10,389	£51,311
Profit Before Tax	£-1,139	£-1,068	£-986	£-819	£-648	£-4,659
Profit After Tax	£-1,139	£-1,068	£-986	£-819	£-648	£-4,659
Change In Property Value	£2,250	£6,818	£9,363	£10,954	£8,903	£38,288
Net Return	£1,111	£5,750	£8,377	£10,136	£8,256	£33,629
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	2%	8%	12%	15%	12%	49%