	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,352	£14,567	£14,931	£15,305	£15,764	£74,919
Total Expenses	£15,821	£15,854	£15,902	£15,950	£16,007	£79,534
Profit Before Tax	£-1,469	£-1,287	£-970	£-645	£-243	£-4,615
Profit After Tax	£-1,469	£-1,287	£-970	£-645	£-243	£-4,615
Change In Property Value	£8,750	£8,969	£16,547	£21,135	£24,324	£79,725
Net Return	£7,281	£7,682	£15,577	£20,489	£24,081	£75,110
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	7%	7%	14%	18%	22%	68%