	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,844	£9,021	£9,246	£9,478	£9,715	£46,303
Total Expenses	£9,629	£9,693	£9,758	£9,825	£9,891	£48,796
Profit Before Tax	£-785	£-672	£-512	£-348	£-177	£-2,493
Profit After Tax	£-785	£-672	£-512	£-348	£-177	£-2,493
Change In Property Value	£5,100	£5,253	£9,017	£11,362	£12,044	£42,776
Net Return	£4,315	£4,581	£8,506	£11,014	£11,867	£40,283
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	7%	8%	15%	19%	21%	70%