	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,592	£8,721	£8,852	£9,073	£9,300	£44,537
Total Expenses	£9,293	£9,355	£9,410	£9,474	£9,539	£47,070
Profit Before Tax	£-701	£-635	£-558	£-401	£-239	£-2,533
Profit After Tax	£-701	£-635	£-558	£-401	£-239	£-2,533
Change In Property Value	£2	£3,999	£7,138	£9,499	£6,618	£27,256
Net Return	£-699	£3,364	£6,580	£9,098	£6,379	£24,723
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	6%	11%	15%	10%	41%