	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,128	£7,271	£7,416	£7,601	£7,791	£37,207
Total Expenses	£7,700	£7,764	£7,820	£7,880	£7,942	£39,106
Profit Before Tax	£-572	£-494	£-404	£-279	£-150	£-1,898
Profit After Tax	£-572	£-494	£-404	£-279	£-150	£-1,898
Change In Property Value	£4,650	£7,983	£10,058	£10,661	£9,418	£42,769
Net Return	£4,078	£7,489	£9,654	£10,383	£9,267	£40,871
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	8%	14%	18%	20%	18%	78%