	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,748	£8,879	£9,012	£9,238	£9,469	£45,346
Total Expenses	£9,419	£9,444	£9,468	£9,501	£9,534	£47,366
Profit Before Tax	£-671	£-565	£-455	£-263	£-66	£-2,020
Profit After Tax	£-671	£-565	£-455	£-263	£-66	£-2,020
Change In Property Value	£5,000	£10,200	£13,260	£13,923	£10,233	£52,616
Net Return	£4,329	£9,635	£12,805	£13,660	£10,168	£50,597
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	6%	13%	17%	18%	13%	67%