	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,672	£9,865	£10,112	£10,365	£10,624	£50,638
Total Expenses	£10,394	£10,425	£10,460	£10,497	£10,533	£52,309
Profit Before Tax	£-722	£-559	£-348	£-132	£91	£-1,671
Profit After Tax	£-722	£-559	£-348	£-132	£91	£-1,671
Change In Property Value	£6,750	£6,953	£11,935	£15,038	£15,941	£56,616
Net Return	£6,028	£6,393	£11,587	£14,907	£16,031	£54,946
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	8%	8%	15%	19%	21%	71%