	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,072	£9,253	£9,485	£9,722	£9,965	£47,497
Total Expenses	£9,454	£9,518	£9,584	£9,651	£9,718	£47,925
Profit Before Tax	£-382	£-264	£-99	£71	£247	£-428
Profit After Tax	£-382	£-264	£-99	£71	£200	£-475
Change In Property Value	£4,950	£5,099	£8,752	£11,028	£11,690	£41,519
Net Return	£4,568	£4,834	£8,653	£11,099	£11,889	£41,044
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	8%	9%	15%	20%	21%	73%