	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,676	£8,806	£9,026	£9,252	£9,530	£45,290
Total Expenses	£9,612	£9,671	£9,736	£9,803	£9,873	£48,696
Profit Before Tax	£-936	£-865	£-710	£-551	£-344	£-3,406
Profit After Tax	£-936	£-865	£-710	£-551	£-344	£-3,406
Change In Property Value	£4,250	£4,356	£8,037	£10,265	£11,815	£38,723
Net Return	£3,314	£3,491	£7,327	£9,715	£11,471	£35,317
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	6%	7%	14%	19%	22%	68%