	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,748	£11,924	£12,222	£12,528	£12,904	£61,326
Total Expenses	£12,498	£12,562	£12,635	£12,709	£12,789	£63,194
Profit Before Tax	£-750	£-638	£-412	£-181	£114	£-1,868
Profit After Tax	£-750	£-638	£-412	£-181	£114	£-1,868
Change In Property Value	£2,350	£2,374	£7,192	£9,877	£11,556	£33,347
Net Return	£1,600	£1,736	£6,779	£9,695	£11,670	£31,480
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	2%	2%	9%	14%	16%	44%