	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,657	£10,924	£11,197	£11,533	£54,811
Total Expenses	£11,382	£11,444	£11,513	£11,584	£11,661	£57,583
Profit Before Tax	£-882	£-786	£-589	£-387	£-128	£-2,772
Profit After Tax	£-882	£-786	£-589	£-387	£-128	£-2,772
Change In Property Value	£2,100	£2,121	£6,427	£8,826	£10,326	£29,800
Net Return	£1,218	£1,335	£5,837	£8,439	£10,199	£27,028
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	2%	2%	9%	13%	16%	42%