	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,872	£7,990	£8,190	£8,395	£8,646	£41,093
Total Expenses	£8,230	£8,254	£8,284	£8,316	£8,352	£41,436
Profit Before Tax	£-358	£-264	£-95	£79	£295	£-343
Profit After Tax	£-358	£-264	£-95	£79	£239	£-399
Change In Property Value	£4,375	£4,484	£8,274	£10,567	£12,162	£39,862
Net Return	£4,017	£4,221	£8,179	£10,646	£12,401	£39,464
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	8%	8%	15%	20%	23%	74%