	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,740	£7,895	£8,053	£8,254	£8,460	£40,402
Total Expenses	£8,566	£8,631	£8,688	£8,750	£8,813	£43,447
Profit Before Tax	£-826	£-736	£-635	£-496	£-353	£-3,045
Profit After Tax	£-826	£-736	£-635	£-496	£-353	£-3,045
Change In Property Value	£5,400	£9,270	£11,680	£12,381	£10,937	£49,668
Net Return	£4,575	£8,534	£11,045	£11,885	£10,584	£46,623
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	7%	14%	18%	19%	17%	76%