	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,580	£8,709	£8,839	£9,060	£9,287	£44,475
Total Expenses	£9,937	£9,999	£10,053	£10,117	£10,183	£50,289
Profit Before Tax	£-1,357	£-1,291	£-1,214	£-1,057	£-896	£-5,814
Profit After Tax	£-1,357	£-1,291	£-1,214	£-1,057	£-896	£-5,814
Change In Property Value	£2	£4,400	£7,854	£10,452	£7,281	£29,989
Net Return	£-1,354	£3,109	£6,640	£9,394	£6,385	£24,175
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-1%	-9%
Total Net Return (%)	-2%	5%	10%	14%	10%	36%