	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,920	£8,078	£8,240	£8,446	£8,657	£41,341
Total Expenses	£8,584	£8,649	£8,706	£8,769	£8,833	£43,541
Profit Before Tax	£-664	£-571	£-467	£-323	£-176	£-2,200
Profit After Tax	£-664	£-571	£-467	£-323	£-176	£-2,200
Change In Property Value	£5,400	£9,270	£11,680	£12,381	£10,937	£49,668
Net Return	£4,737	£8,699	£11,214	£12,058	£10,761	£47,468
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	8%	14%	18%	20%	18%	78%