	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,616	£8,745	£8,876	£9,098	£9,326	£44,662
Total Expenses	£9,457	£9,520	£9,575	£9,639	£9,704	£47,895
Profit Before Tax	£-841	£-775	£-698	£-540	£-378	£-3,233
Profit After Tax	£-841	£-775	£-698	£-540	£-378	£-3,233
Change In Property Value	£3,075	£7,283	£9,691	£11,252	£8,271	£39,572
Net Return	£2,234	£6,507	£8,993	£10,712	£7,892	£36,339
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	4%	10%	14%	17%	13%	58%