	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,632	£7,785	£7,979	£8,179	£8,383	£39,958
Total Expenses	£8,476	£8,537	£8,600	£8,664	£8,727	£43,004
Profit Before Tax	£-844	£-753	£-621	£-485	£-344	£-3,046
Profit After Tax	£-844	£-753	£-621	£-485	£-344	£-3,046
Change In Property Value	£4,320	£4,449	£7,638	£9,624	£10,202	£36,233
Net Return	£3,476	£3,697	£7,018	£9,139	£9,858	£33,187
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-6%
Total Net Return (%)	7%	8%	14%	19%	20%	68%