	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,596	£10,755	£11,024	£11,299	£11,638	£55,313
Total Expenses	£10,995	£11,056	£11,126	£11,198	£11,274	£55,650
Profit Before Tax	£-399	£-302	£-103	£102	£364	£-337
Profit After Tax	£-399	£-302	£-103	£102	£295	£-406
Change In Property Value	£2,000	£2,020	£6,121	£8,406	£9,835	£28,381
Net Return	£1,601	£1,718	£6,018	£8,507	£10,129	£27,975
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	3%	3%	10%	14%	17%	46%