	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,400	£8,526	£8,654	£8,870	£9,092	£43,542
Total Expenses	£9,273	£9,336	£9,390	£9,453	£9,518	£46,970
Profit Before Tax	£-873	£-810	£-736	£-583	£-426	£-3,428
Profit After Tax	£-873	£-810	£-736	£-583	£-426	£-3,428
Change In Property Value	£2,000	£6,058	£8,320	£9,735	£7,912	£34,025
Net Return	£1,126	£5,248	£7,584	£9,152	£7,486	£30,597
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	2%	9%	12%	15%	12%	50%