	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,332	£10,487	£10,749	£11,018	£11,348	£53,934
Total Expenses	£10,770	£10,831	£10,901	£10,971	£11,047	£54,520
Profit Before Tax	£-438	£-344	£-151	£47	£301	£-585
Profit After Tax	£-438	£-344	£-151	£47	£244	£-643
Change In Property Value	£1,950	£1,970	£5,968	£8,195	£9,589	£27,671
Net Return	£1,512	£1,625	£5,816	£8,242	£9,833	£27,029
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	3%	3%	10%	14%	17%	45%