	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,580	£8,709	£8,926	£9,150	£9,424	£44,789
Total Expenses	£9,404	£9,463	£9,528	£9,594	£9,664	£47,654
Profit Before Tax	£-824	£-755	£-602	£-445	£-240	£-2,865
Profit After Tax	£-824	£-755	£-602	£-445	£-240	£-2,865
Change In Property Value	£4,125	£4,228	£7,801	£9,963	£11,467	£37,585
Net Return	£3,301	£3,474	£7,199	£9,519	£11,227	£34,719
Return From Rental Income (%)	-2%	-1%	-1%	-1%	0%	-6%
Total Net Return (%)	7%	7%	14%	19%	22%	69%