	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,644	£7,759	£7,953	£8,151	£8,396	£39,903
Total Expenses	£8,716	£8,773	£8,835	£8,899	£8,966	£44,190
Profit Before Tax	£-1,072	£-1,014	£-883	£-748	£-570	£-4,287
Profit After Tax	£-1,072	£-1,014	£-883	£-748	£-570	£-4,287
Change In Property Value	£3,750	£3,844	£7,092	£9,058	£10,425	£34,168
Net Return	£2,678	£2,829	£6,209	£8,310	£9,854	£29,881
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-1%	-9%
Total Net Return (%)	6%	6%	13%	18%	21%	65%