	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,872	£7,990	£8,110	£8,313	£8,520	£40,805
Total Expenses	£8,418	£8,480	£8,533	£8,595	£8,658	£42,683
Profit Before Tax	£-546	£-490	£-423	£-282	£-138	£-1,878
Profit After Tax	£-546	£-490	£-423	£-282	£-138	£-1,878
Change In Property Value	£4,375	£8,072	£10,310	£11,865	£8,385	£43,007
Net Return	£3,829	£7,582	£9,887	£11,583	£8,247	£41,129
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	7%	14%	18%	22%	15%	77%