	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,504	£12,692	£13,009	£13,334	£13,734	£65,273
Total Expenses	£13,169	£13,234	£13,309	£13,385	£13,468	£66,564
Profit Before Tax	£-665	£-542	£-300	£-51	£266	£-1,292
Profit After Tax	£-665	£-542	£-300	£-51	£266	£-1,292
Change In Property Value	£6,250	£6,406	£11,820	£15,096	£17,374	£56,946
Net Return	£5,585	£5,864	£11,520	£15,045	£17,641	£55,655
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	7%	8%	15%	20%	23%	73%