	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,044	£7,185	£7,329	£7,512	£7,700	£36,769
Total Expenses	£7,852	£7,916	£7,972	£8,032	£8,093	£39,866
Profit Before Tax	£-808	£-732	£-643	£-520	£-394	£-3,097
Profit After Tax	£-808	£-732	£-643	£-520	£-394	£-3,097
Change In Property Value	£4,800	£8,240	£10,382	£11,005	£9,721	£44,149
Net Return	£3,992	£7,508	£9,739	£10,485	£9,328	£41,052
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	7%	14%	18%	19%	17%	76%