	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,480	£6,577	£6,676	£6,843	£7,014	£33,590
Total Expenses	£7,281	£7,341	£7,392	£7,450	£7,510	£36,974
Profit Before Tax	£-801	£-764	£-716	£-608	£-496	£-3,385
Profit After Tax	£-801	£-764	£-716	£-608	£-496	£-3,385
Change In Property Value	£1	£2,880	£5,141	£6,841	£4,766	£19,629
Net Return	£-800	£2,116	£4,425	£6,233	£4,270	£16,245
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	-2%	5%	10%	14%	10%	37%