	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,308	£7,418	£7,529	£7,717	£7,910	£37,882
Total Expenses	£8,470	£8,494	£8,515	£8,544	£8,574	£42,597
Profit Before Tax	£-1,162	£-1,076	£-986	£-827	£-664	£-4,716
Profit After Tax	£-1,162	£-1,076	£-986	£-827	£-664	£-4,716
Change In Property Value	£4,500	£9,180	£11,934	£12,531	£9,210	£47,355
Net Return	£3,338	£8,104	£10,948	£11,704	£8,546	£42,639
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	5%	12%	16%	17%	12%	62%