	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,200	£7,308	£7,418	£7,603	£7,793	£37,322
Total Expenses	£7,546	£7,607	£7,659	£7,719	£7,781	£38,313
Profit Before Tax	£-346	£-299	£-241	£-116	£12	£-991
Profit After Tax	£-346	£-299	£-241	£-116	£12	£-991
Change In Property Value	£1,500	£4,545	£6,242	£7,303	£5,936	£25,525
Net Return	£1,154	£4,246	£6,000	£7,187	£5,948	£24,534
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	3%	9%	13%	16%	13%	53%