	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,200	£7,308	£7,491	£7,678	£7,908	£37,585
Total Expenses	£7,479	£7,536	£7,597	£7,660	£7,725	£37,997
Profit Before Tax	£-279	£-228	£-106	£18	£183	£-412
Profit After Tax	£-279	£-228	£-106	£18	£148	£-447
Change In Property Value	£2,399	£2,447	£4,992	£6,489	£6,814	£23,141
Net Return	£2,120	£2,219	£4,885	£6,508	£6,962	£22,694
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	6%	6%	13%	18%	19%	61%