	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,092	£7,234	£7,379	£7,563	£7,752	£37,019
Total Expenses	£8,018	£8,082	£8,138	£8,198	£8,260	£40,696
Profit Before Tax	£-926	£-848	£-759	£-635	£-508	£-3,676
Profit After Tax	£-926	£-848	£-759	£-635	£-508	£-3,676
Change In Property Value	£4,950	£8,498	£10,707	£11,349	£10,025	£45,529
Net Return	£4,024	£7,649	£9,948	£10,714	£9,518	£41,853
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	7%	14%	18%	19%	17%	75%