	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,876	£10,024	£10,175	£10,429	£10,690	£51,193
Total Expenses	£10,549	£10,614	£10,670	£10,737	£10,806	£53,374
Profit Before Tax	£-673	£-589	£-495	£-308	£-116	£-2,181
Profit After Tax	£-673	£-589	£-495	£-308	£-116	£-2,181
Change In Property Value	£2	£4,700	£8,390	£11,164	£7,778	£32,034
Net Return	£-670	£4,111	£7,895	£10,856	£7,662	£29,853
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	6%	11%	15%	11%	42%