	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,612	£6,744	£6,879	£7,051	£7,227	£34,514
Total Expenses	£7,005	£7,068	£7,123	£7,182	£7,242	£35,619
Profit Before Tax	£-393	£-324	£-243	£-130	£-14	£-1,105
Profit After Tax	£-393	£-324	£-243	£-130	£-14	£-1,105
Change In Property Value	£4,050	£6,953	£8,760	£9,286	£8,202	£37,251
Net Return	£3,657	£6,629	£8,517	£9,155	£8,188	£36,146
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	8%	15%	19%	20%	18%	79%