	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,964	£6,053	£6,144	£6,298	£6,455	£30,915
Total Expenses	£6,216	£6,275	£6,325	£6,382	£6,441	£31,639
Profit Before Tax	£-252	£-222	£-181	£-84	£15	£-724
Profit After Tax	£-252	£-222	£-181	£-84	£15	£-724
Change In Property Value	£1	£2,250	£4,016	£5,345	£3,723	£15,335
Net Return	£-251	£2,028	£3,835	£5,260	£3,738	£14,611
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	11%	42%