	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,100	£8,221	£8,345	£8,553	£8,767	£41,987
Total Expenses	£8,602	£8,664	£8,717	£8,780	£8,844	£43,606
Profit Before Tax	£-502	£-442	£-372	£-226	£-76	£-1,618
Profit After Tax	£-502	£-442	£-372	£-226	£-76	£-1,618
Change In Property Value	£2	£3,600	£6,426	£8,551	£5,957	£24,537
Net Return	£-500	£3,158	£6,054	£8,325	£5,881	£22,918
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	-1%	6%	11%	15%	11%	42%