	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,380	£7,491	£7,603	£7,793	£7,988	£38,255
Total Expenses	£8,530	£8,591	£8,643	£8,704	£8,766	£43,232
Profit Before Tax	£-1,150	£-1,100	£-1,040	£-911	£-778	£-4,977
Profit After Tax	£-1,150	£-1,100	£-1,040	£-911	£-778	£-4,977
Change In Property Value	£2,700	£6,395	£8,509	£9,880	£7,262	£34,746
Net Return	£1,551	£5,295	£7,470	£8,970	£6,484	£29,768
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-1%	-9%
Total Net Return (%)	3%	10%	14%	16%	12%	54%