	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,192	£9,330	£9,470	£9,707	£9,949	£47,648
Total Expenses	£9,644	£9,708	£9,763	£9,828	£9,895	£48,837
Profit Before Tax	£-452	£-378	£-293	£-121	£54	£-1,189
Profit After Tax	£-452	£-378	£-293	£-121	£54	£-1,189
Change In Property Value	£2	£4,180	£7,461	£9,929	£6,917	£28,490
Net Return	£-450	£3,802	£7,169	£9,807	£6,971	£27,300
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	11%	43%