	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,724	£8,855	£8,988	£9,212	£9,443	£45,222
Total Expenses	£9,106	£9,169	£9,224	£9,288	£9,354	£46,141
Profit Before Tax	£-382	£-315	£-236	£-76	£89	£-919
Profit After Tax	£-382	£-315	£-236	£-76	£89	£-919
Change In Property Value	£2	£3,875	£6,917	£9,204	£6,412	£26,411
Net Return	£-380	£3,561	£6,681	£9,129	£6,501	£25,491
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	11%	43%