	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,172	£8,295	£8,419	£8,629	£8,845	£42,360
Total Expenses	£8,930	£8,993	£9,046	£9,109	£9,173	£45,252
Profit Before Tax	£-758	£-698	£-627	£-480	£-328	£-2,891
Profit After Tax	£-758	£-698	£-627	£-480	£-328	£-2,891
Change In Property Value	£2	£3,800	£6,783	£9,026	£6,288	£25,900
Net Return	£-757	£3,102	£6,156	£8,547	£5,960	£23,008
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	-1%	5%	11%	15%	10%	40%