	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,456	£9,598	£9,742	£9,985	£10,235	£49,016
Total Expenses	£10,185	£10,249	£10,305	£10,371	£10,438	£51,548
Profit Before Tax	£-729	£-651	£-563	£-385	£-203	£-2,532
Profit After Tax	£-729	£-651	£-563	£-385	£-203	£-2,532
Change In Property Value	£2	£4,500	£8,033	£10,689	£7,447	£30,671
Net Return	£-727	£3,849	£7,470	£10,304	£7,243	£28,139
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	6%	11%	15%	11%	41%