	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,936	£7,075	£7,216	£7,397	£7,582	£36,205
Total Expenses	£8,002	£8,066	£8,121	£8,181	£8,243	£40,614
Profit Before Tax	£-1,066	£-992	£-905	£-785	£-661	£-4,409
Profit After Tax	£-1,066	£-992	£-905	£-785	£-661	£-4,409
Change In Property Value	£4,950	£8,498	£10,707	£11,349	£10,025	£45,529
Net Return	£3,884	£7,506	£9,802	£10,565	£9,364	£41,120
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	7%	13%	18%	19%	17%	74%