	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,740	£7,895	£8,092	£8,294	£8,502	£40,523
Total Expenses	£8,416	£8,442	£8,473	£8,504	£8,536	£42,371
Profit Before Tax	£-676	£-548	£-381	£-210	£-34	£-1,847
Profit After Tax	£-676	£-548	£-381	£-210	£-34	£-1,847
Change In Property Value	£5,400	£5,562	£9,548	£12,031	£12,752	£45,293
Net Return	£4,725	£5,014	£9,167	£11,821	£12,719	£43,446
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	8%	8%	15%	19%	21%	71%