	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,340	£11,510	£11,683	£11,975	£12,274	£58,782
Total Expenses	£11,821	£11,888	£11,947	£12,018	£12,090	£59,764
Profit Before Tax	£-481	£-378	£-264	£-43	£184	£-982
Profit After Tax	£-481	£-378	£-264	£-43	£184	£-982
Change In Property Value	£2,700	£8,181	£11,235	£13,145	£10,684	£45,946
Net Return	£2,219	£7,803	£10,971	£13,102	£10,868	£44,964
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	3%	9%	13%	16%	13%	54%