	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,300	£6,395	£6,554	£6,718	£6,920	£32,887
Total Expenses	£6,796	£6,851	£6,910	£6,971	£7,033	£34,561
Profit Before Tax	£-496	£-457	£-356	£-252	£-114	£-1,674
Profit After Tax	£-496	£-457	£-356	£-252	£-114	£-1,674
Change In Property Value	£3,150	£3,245	£6,127	£7,051	£7,474	£27,047
Net Return	£2,654	£2,788	£5,771	£6,799	£7,361	£25,372
Return From Rental Income (%)	-2%	-1%	-1%	-1%	0%	-5%
Total Net Return (%)	8%	9%	18%	21%	23%	78%