	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,476	£7,588	£7,702	£7,895	£8,092	£38,752
Total Expenses	£8,216	£8,277	£8,329	£8,390	£8,453	£41,665
Profit Before Tax	£-740	£-689	£-627	£-496	£-361	£-2,913
Profit After Tax	£-740	£-689	£-627	£-496	£-361	£-2,913
Change In Property Value	£2	£3,399	£6,067	£8,074	£5,625	£23,167
Net Return	£-738	£2,710	£5,440	£7,578	£5,264	£20,254
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	-1%	5%	10%	15%	10%	39%