	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,460	£5,569	£5,681	£5,823	£5,968	£28,501
Total Expenses	£5,860	£5,921	£5,973	£6,029	£6,086	£29,869
Profit Before Tax	£-400	£-352	£-292	£-207	£-118	£-1,369
Profit After Tax	£-400	£-352	£-292	£-207	£-118	£-1,369
Change In Property Value	£3,090	£5,305	£6,684	£7,085	£6,258	£28,421
Net Return	£2,690	£4,953	£6,391	£6,878	£6,140	£27,052
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	8%	14%	18%	20%	18%	77%