	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,248	£7,393	£7,578	£7,767	£7,961	£37,947
Total Expenses	£7,684	£7,745	£7,806	£7,869	£7,931	£39,035
Profit Before Tax	£-436	£-352	£-228	£-102	£30	£-1,088
Profit After Tax	£-436	£-352	£-228	£-102	£30	£-1,088
Change In Property Value	£3,750	£3,863	£6,631	£8,355	£8,856	£31,454
Net Return	£3,314	£3,511	£6,402	£8,253	£8,886	£30,366
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	8%	8%	15%	20%	21%	72%