	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,556	£11,729	£11,905	£12,203	£12,508	£59,902
Total Expenses	£12,004	£12,071	£12,130	£12,201	£12,274	£60,680
Profit Before Tax	£-448	£-342	£-224	£2	£234	£-779
Profit After Tax	£-448	£-342	£-224	£2	£234	£-779
Change In Property Value	£2,750	£8,333	£11,443	£13,389	£10,882	£46,796
Net Return	£2,302	£7,991	£11,219	£13,390	£11,116	£46,018
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	3%	9%	13%	16%	13%	54%