	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,560	£7,711	£7,865	£8,062	£8,264	£39,462
Total Expenses	£8,548	£8,613	£8,669	£8,731	£8,793	£43,353
Profit Before Tax	£-988	£-901	£-804	£-668	£-530	£-3,891
Profit After Tax	£-988	£-901	£-804	£-668	£-530	£-3,891
Change In Property Value	£5,400	£9,270	£11,680	£12,381	£10,937	£49,668
Net Return	£4,413	£8,369	£10,877	£11,713	£10,407	£45,777
Return From Rental Income (%)	-2%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	7%	14%	18%	19%	17%	75%