	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,496	£8,623	£8,839	£9,060	£9,332	£44,350
Total Expenses	£9,594	£9,653	£9,718	£9,784	£9,853	£48,602
Profit Before Tax	£-1,098	£-1,030	£-879	£-724	£-522	£-4,252
Profit After Tax	£-1,098	£-1,030	£-879	£-724	£-522	£-4,252
Change In Property Value	£1,700	£1,717	£5,203	£7,145	£8,359	£24,124
Net Return	£602	£687	£4,324	£6,421	£7,838	£19,872
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	1%	1%	8%	12%	15%	38%