	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,380	£7,528	£7,678	£7,870	£8,067	£38,523
Total Expenses	£8,530	£8,594	£8,650	£8,711	£8,774	£43,259
Profit Before Tax	£-1,150	£-1,067	£-972	£-841	£-707	£-4,736
Profit After Tax	£-1,150	£-1,067	£-972	£-841	£-707	£-4,736
Change In Property Value	£5,400	£9,270	£11,680	£12,381	£10,937	£49,668
Net Return	£4,251	£8,203	£10,708	£11,540	£10,230	£44,931
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	7%	13%	18%	19%	17%	74%