	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,428	£7,539	£7,653	£7,844	£8,040	£38,504
Total Expenses	£8,482	£8,506	£8,527	£8,557	£8,587	£42,660
Profit Before Tax	£-1,054	£-966	£-875	£-713	£-547	£-4,156
Profit After Tax	£-1,054	£-966	£-875	£-713	£-547	£-4,156
Change In Property Value	£2,250	£6,818	£9,363	£10,954	£8,903	£38,288
Net Return	£1,196	£5,851	£8,488	£10,241	£8,356	£34,132
Return From Rental Income (%)	-2%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	2%	9%	12%	15%	12%	50%