	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,096	£6,187	£6,342	£6,501	£6,696	£31,822
Total Expenses	£7,172	£7,227	£7,286	£7,346	£7,408	£36,439
Profit Before Tax	£-1,076	£-1,040	£-944	£-845	£-712	£-4,617
Profit After Tax	£-1,076	£-1,040	£-944	£-845	£-712	£-4,617
Change In Property Value	£1,150	£1,162	£3,519	£4,833	£5,655	£16,319
Net Return	£74	£122	£2,576	£3,988	£4,943	£11,702
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-13%
Total Net Return (%)	0%	0%	7%	11%	14%	33%