	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,880	£5,998	£6,118	£6,270	£6,427	£30,693
Total Expenses	£7,093	£7,154	£7,207	£7,264	£7,323	£36,041
Profit Before Tax	£-1,213	£-1,157	£-1,090	£-994	£-895	£-5,348
Profit After Tax	£-1,213	£-1,157	£-1,090	£-994	£-895	£-5,348
Change In Property Value	£4,200	£7,210	£9,085	£9,630	£8,506	£38,630
Net Return	£2,988	£6,053	£7,995	£8,636	£7,611	£33,282
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	6%	13%	17%	18%	16%	71%