	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,156	£6,279	£6,405	£6,565	£6,729	£32,134
Total Expenses	£7,120	£7,182	£7,236	£7,294	£7,353	£36,185
Profit Before Tax	£-964	£-903	£-831	£-729	£-624	£-4,052
Profit After Tax	£-964	£-903	£-831	£-729	£-624	£-4,052
Change In Property Value	£4,200	£7,210	£9,085	£9,630	£8,506	£38,630
Net Return	£3,236	£6,307	£8,253	£8,901	£7,882	£34,579
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-1%	-9%
Total Net Return (%)	7%	13%	17%	19%	17%	73%