	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,064	£8,225	£8,431	£8,642	£8,858	£42,220
Total Expenses	£8,956	£9,018	£9,082	£9,147	£9,211	£45,413
Profit Before Tax	£-892	£-793	£-651	£-505	£-353	£-3,194
Profit After Tax	£-892	£-793	£-651	£-505	£-353	£-3,194
Change In Property Value	£4,650	£4,790	£8,222	£10,360	£10,981	£39,002
Net Return	£3,758	£3,997	£7,571	£9,855	£10,628	£35,809
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-6%
Total Net Return (%)	7%	8%	14%	19%	20%	68%