	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,224	£7,332	£7,442	£7,628	£7,819	£37,446
Total Expenses	£8,257	£8,317	£8,369	£8,430	£8,491	£41,864
Profit Before Tax	£-1,033	£-985	£-927	£-801	£-672	£-4,418
Profit After Tax	£-1,033	£-985	£-927	£-801	£-672	£-4,418
Change In Property Value	£1,720	£5,212	£7,157	£8,374	£6,806	£29,269
Net Return	£688	£4,227	£6,230	£7,573	£6,134	£24,851
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-1%	-8%
Total Net Return (%)	1%	8%	12%	14%	12%	47%