	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	£7,481	£7,538	£7,599	£7,662	£7,727	£38,007
Profit Before Tax	£-281	£-230	£-108	£16	£181	£-422
Profit After Tax	£-281	£-230	£-108	£16	£147	£-456
Change In Property Value	£2,400	£2,448	£4,994	£6,492	£6,817	£23,151
Net Return	£2,119	£2,218	£4,886	£6,508	£6,963	£22,695
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-1%
Total Net Return (%)	6%	6%	13%	18%	19%	61%