	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,428	£7,539	£7,653	£7,844	£8,040	£38,504
Total Expenses	£8,052	£8,113	£8,165	£8,226	£8,288	£40,844
Profit Before Tax	£-624	£-573	£-513	£-382	£-248	£-2,340
Profit After Tax	£-624	£-573	£-513	£-382	£-248	£-2,340
Change In Property Value	£2	£3,300	£5,891	£7,839	£5,461	£22,492
Net Return	£-622	£2,727	£5,378	£7,456	£5,212	£20,151
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	-1%	5%	11%	15%	10%	40%