	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,980	£8,100	£8,302	£8,510	£8,765	£41,657
Total Expenses	£8,836	£8,860	£8,891	£8,922	£8,959	£44,468
Profit Before Tax	£-856	£-760	£-589	£-413	£-194	£-2,811
Profit After Tax	£-856	£-760	£-589	£-413	£-194	£-2,811
Change In Property Value	£4,750	£4,869	£8,983	£11,473	£13,204	£43,279
Net Return	£3,894	£4,109	£8,394	£11,060	£13,011	£40,468
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	7%	7%	14%	19%	22%	70%