	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,600	£6,699	£6,866	£7,038	£7,249	£34,453
Total Expenses	£7,024	£7,080	£7,140	£7,201	£7,265	£35,710
Profit Before Tax	£-424	£-381	£-273	£-163	£-15	£-1,257
Profit After Tax	£-424	£-381	£-273	£-163	£-15	£-1,257
Change In Property Value	£2,200	£2,244	£4,578	£5,951	£6,249	£21,221
Net Return	£1,776	£1,863	£4,304	£5,788	£6,233	£19,965
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-4%
Total Net Return (%)	5%	5%	13%	17%	18%	59%