	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,360	£6,455	£6,617	£6,782	£6,986	£33,200
Total Expenses	£7,397	£7,453	£7,512	£7,572	£7,635	£37,568
Profit Before Tax	£-1,037	£-997	£-895	£-790	£-649	£-4,368
Profit After Tax	£-1,037	£-997	£-895	£-790	£-649	£-4,368
Change In Property Value	£3,000	£3,075	£5,673	£7,246	£8,340	£27,334
Net Return	£1,963	£2,078	£4,779	£6,456	£7,690	£22,966
Return From Rental Income (%)	-3%	-3%	-2%	-2%	-2%	-12%
Total Net Return (%)	5%	6%	13%	17%	21%	62%