	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,644	£7,759	£7,875	£8,072	£8,274	£39,623
Total Expenses	£8,234	£8,296	£8,348	£8,410	£8,473	£41,760
Profit Before Tax	£-590	£-537	£-473	£-338	£-199	£-2,137
Profit After Tax	£-590	£-537	£-473	£-338	£-199	£-2,137
Change In Property Value	£2	£3,400	£6,069	£8,076	£5,626	£23,173
Net Return	£-588	£2,863	£5,596	£7,738	£5,428	£21,036
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	6%	11%	15%	10%	40%