	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,996	£10,146	£10,400	£10,660	£10,979	£52,180
Total Expenses	£10,935	£10,996	£11,064	£11,134	£11,208	£55,336
Profit Before Tax	£-939	£-850	£-664	£-474	£-229	£-3,156
Profit After Tax	£-939	£-850	£-664	£-474	£-229	£-3,156
Change In Property Value	£2,000	£2,020	£6,121	£8,406	£9,835	£28,381
Net Return	£1,061	£1,170	£5,456	£7,931	£9,606	£25,225
Return From Rental Income (%)	-2%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	2%	2%	9%	13%	16%	41%