	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,456	£9,598	£9,742	£9,985	£10,235	£49,016
Total Expenses	£10,022	£10,087	£10,142	£10,208	£10,276	£50,735
Profit Before Tax	£-566	£-489	£-400	£-223	£-41	£-1,719
Profit After Tax	£-566	£-489	£-400	£-223	£-41	£-1,719
Change In Property Value	£2	£4,399	£7,852	£10,449	£7,280	£29,982
Net Return	£-564	£3,910	£7,452	£10,226	£7,239	£28,263
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	6%	11%	15%	11%	42%