	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,580	£8,752	£8,970	£9,195	£9,425	£44,921
Total Expenses	£9,404	£9,468	£9,532	£9,599	£9,664	£47,667
Profit Before Tax	£-824	£-716	£-562	£-404	£-240	£-2,746
Profit After Tax	£-824	£-716	£-562	£-404	£-240	£-2,746
Change In Property Value	£4,950	£5,099	£8,752	£11,028	£11,690	£41,519
Net Return	£4,126	£4,383	£8,190	£10,624	£11,450	£38,773
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	7%	8%	15%	19%	21%	69%