	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,792	£9,939	£10,187	£10,442	£10,755	£51,116
Total Expenses	£10,754	£10,814	£10,882	£10,951	£11,025	£54,426
Profit Before Tax	£-962	£-875	£-695	£-509	£-270	£-3,311
Profit After Tax	£-962	£-875	£-695	£-509	£-270	£-3,311
Change In Property Value	£1,960	£1,979	£5,997	£8,235	£9,635	£27,806
Net Return	£998	£1,104	£5,302	£7,726	£9,365	£24,495
Return From Rental Income (%)	-2%	-1%	-1%	-1%	0%	-6%
Total Net Return (%)	2%	2%	9%	13%	16%	41%