	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,972	£7,077	£7,183	£7,362	£7,546	£36,140
Total Expenses	£8,167	£8,227	£8,279	£8,339	£8,400	£41,412
Profit Before Tax	£-1,195	£-1,151	£-1,096	£-977	£-854	£-5,272
Profit After Tax	£-1,195	£-1,151	£-1,096	£-977	£-854	£-5,272
Change In Property Value	£2,550	£6,039	£8,037	£9,331	£6,858	£32,816
Net Return	£1,355	£4,888	£6,940	£8,355	£6,005	£27,543
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-10%
Total Net Return (%)	3%	9%	13%	16%	12%	53%