	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,844	£8,977	£9,201	£9,431	£9,714	£46,167
Total Expenses	£9,629	£9,688	£9,754	£9,821	£9,892	£48,784
Profit Before Tax	£-785	£-712	£-553	£-390	£-178	£-2,617
Profit After Tax	£-785	£-712	£-553	£-390	£-178	£-2,617
Change In Property Value	£1,700	£1,717	£5,203	£7,145	£8,359	£24,124
Net Return	£915	£1,005	£4,650	£6,755	£8,182	£21,507
Return From Rental Income (%)	-2%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	2%	2%	9%	13%	16%	41%