	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,236	£7,345	£7,528	£7,716	£7,948	£37,773
Total Expenses	£8,038	£8,095	£8,156	£8,219	£8,285	£40,793
Profit Before Tax	£-802	£-750	£-628	£-503	£-337	£-3,020
Profit After Tax	£-802	£-750	£-628	£-503	£-337	£-3,020
Change In Property Value	£3,349	£3,432	£6,333	£8,089	£9,309	£30,512
Net Return	£2,547	£2,682	£5,705	£7,586	£8,972	£27,492
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-7%
Total Net Return (%)	6%	7%	14%	18%	22%	67%