	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,832	£5,919	£6,008	£6,158	£6,312	£30,231
Total Expenses	£6,122	£6,181	£6,231	£6,288	£6,346	£31,169
Profit Before Tax	£-290	£-262	£-223	£-129	£-34	£-938
Profit After Tax	£-290	£-262	£-223	£-129	£-34	£-938
Change In Property Value	£3,300	£6,232	£7,172	£7,602	£6,044	£30,349
Net Return	£3,010	£5,970	£6,949	£7,473	£6,010	£29,411
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	9%	18%	20%	22%	18%	87%