	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,300	£6,426	£6,555	£6,718	£6,886	£32,885
Total Expenses	£7,456	£7,519	£7,573	£7,631	£7,690	£37,869
Profit Before Tax	£-1,156	£-1,093	£-1,018	£-913	£-804	£-4,984
Profit After Tax	£-1,156	£-1,093	£-1,018	£-913	£-804	£-4,984
Change In Property Value	£4,500	£7,725	£9,734	£10,318	£9,114	£41,390
Net Return	£3,344	£6,632	£8,715	£9,405	£8,310	£36,406
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-10%
Total Net Return (%)	7%	13%	17%	19%	16%	72%