	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,992	£8,112	£8,234	£8,439	£8,650	£41,427
Total Expenses	£8,269	£8,331	£8,384	£8,447	£8,510	£41,941
Profit Before Tax	£-277	£-219	£-151	£-7	£140	£-514
Profit After Tax	£-277	£-219	£-151	£-7	£140	£-514
Change In Property Value	£1,700	£5,151	£7,074	£8,277	£6,727	£28,929
Net Return	£1,423	£4,932	£6,923	£8,270	£6,867	£28,415
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	3%	9%	13%	16%	13%	55%