	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,756	£6,857	£6,960	£7,134	£7,313	£35,020
Total Expenses	£7,502	£7,562	£7,613	£7,673	£7,733	£38,083
Profit Before Tax	£-746	£-705	£-653	£-538	£-420	£-3,062
Profit After Tax	£-746	£-705	£-653	£-538	£-420	£-3,062
Change In Property Value	£3,000	£6,120	£7,956	£8,354	£6,140	£31,570
Net Return	£2,254	£5,415	£7,303	£7,816	£5,720	£28,508
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	5%	12%	16%	17%	12%	62%