	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,240	£9,379	£9,519	£9,757	£10,001	£47,896
Total Expenses	£10,003	£10,066	£10,121	£10,187	£10,254	£50,631
Profit Before Tax	£-763	£-688	£-602	£-430	£-253	£-2,735
Profit After Tax	£-763	£-688	£-602	£-430	£-253	£-2,735
Change In Property Value	£2	£4,400	£7,854	£10,452	£7,281	£29,989
Net Return	£-760	£3,712	£7,252	£10,022	£7,028	£27,254
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	-1%	6%	11%	15%	10%	41%