	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,500	£7,650	£7,841	£8,037	£8,238	£39,267
Total Expenses	£8,820	£8,881	£8,943	£9,007	£9,070	£44,721
Profit Before Tax	£-1,320	£-1,231	£-1,102	£-970	£-831	£-5,455
Profit After Tax	£-1,320	£-1,231	£-1,102	£-970	£-831	£-5,455
Change In Property Value	£4,590	£4,728	£8,116	£10,226	£10,840	£38,499
Net Return	£3,270	£3,496	£7,014	£9,256	£10,008	£33,045
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	6%	7%	14%	18%	19%	64%