	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,820	£8,952	£9,087	£9,314	£9,547	£45,719
Total Expenses	£9,800	£9,863	£9,917	£9,982	£10,048	£49,609
Profit Before Tax	£-980	£-911	£-831	£-668	£-501	£-3,890
Profit After Tax	£-980	£-911	£-831	£-668	£-501	£-3,890
Change In Property Value	£3,225	£7,638	£10,164	£11,801	£8,674	£41,502
Net Return	£2,245	£6,727	£9,333	£11,133	£8,173	£37,612
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	3%	10%	14%	17%	12%	57%