	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,880	£9,013	£9,239	£9,469	£9,754	£46,355
Total Expenses	£10,228	£10,287	£10,353	£10,420	£10,491	£51,778
Profit Before Tax	£-1,348	£-1,274	£-1,114	£-950	£-737	£-5,423
Profit After Tax	£-1,348	£-1,274	£-1,114	£-950	£-737	£-5,423
Change In Property Value	£4,625	£4,741	£8,746	£11,171	£12,857	£42,140
Net Return	£3,277	£3,467	£7,632	£10,221	£12,120	£36,717
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-1%	-10%
Total Net Return (%)	6%	6%	14%	18%	21%	65%