	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,660	£6,793	£6,929	£7,102	£7,280	£34,764
Total Expenses	£7,653	£7,716	£7,771	£7,830	£7,891	£38,861
Profit Before Tax	£-993	£-923	£-842	£-728	£-611	£-4,097
Profit After Tax	£-993	£-923	£-842	£-728	£-611	£-4,097
Change In Property Value	£4,650	£7,983	£10,058	£10,661	£9,418	£42,769
Net Return	£3,657	£7,059	£9,216	£9,934	£8,807	£38,672
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	7%	13%	18%	19%	17%	74%