	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,796	£8,928	£9,151	£9,380	£9,661	£45,916
Total Expenses	£9,228	£9,287	£9,352	£9,419	£9,490	£46,775
Profit Before Tax	£-432	£-359	£-201	£-39	£172	£-859
Profit After Tax	£-432	£-359	£-201	£-39	£172	£-859
Change In Property Value	£3,200	£3,264	£6,659	£8,656	£9,089	£30,868
Net Return	£2,768	£2,905	£6,458	£8,617	£9,261	£30,009
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	6%	6%	13%	18%	19%	61%