	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,604	£8,776	£8,952	£9,175	£9,405	£44,912
Total Expenses	£9,295	£9,363	£9,421	£9,485	£9,551	£47,115
Profit Before Tax	£-691	£-587	£-470	£-310	£-146	£-2,204
Profit After Tax	£-691	£-587	£-470	£-310	£-146	£-2,204
Change In Property Value	£6,000	£10,300	£12,978	£13,757	£12,152	£55,186
Net Return	£5,309	£9,713	£12,508	£13,447	£12,006	£52,983
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	8%	14%	18%	20%	18%	78%