	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,596	£7,710	£7,903	£8,100	£8,343	£39,652
Total Expenses	£8,909	£8,967	£9,029	£9,092	£9,159	£45,157
Profit Before Tax	£-1,313	£-1,257	£-1,126	£-992	£-816	£-5,504
Profit After Tax	£-1,313	£-1,257	£-1,126	£-992	£-816	£-5,504
Change In Property Value	£5,425	£5,615	£9,132	£10,510	£11,141	£41,823
Net Return	£4,112	£4,358	£8,006	£9,518	£10,325	£36,319
Return From Rental Income (%)	-3%	-3%	-2%	-2%	-2%	-12%
Total Net Return (%)	9%	9%	17%	20%	22%	76%