	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,024	£9,159	£9,297	£9,529	£9,767	£46,777
Total Expenses	£9,498	£9,562	£9,617	£9,682	£9,748	£48,106
Profit Before Tax	£-474	£-402	£-320	£-152	£19	£-1,330
Profit After Tax	£-474	£-402	£-320	£-152	£19	£-1,330
Change In Property Value	£2	£4,100	£7,319	£9,739	£6,785	£27,944
Net Return	£-472	£3,698	£6,999	£9,586	£6,804	£26,615
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	-1%	6%	11%	15%	11%	43%