	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,032	£4,092	£4,154	£4,258	£4,364	£20,900
Total Expenses	£4,495	£4,551	£4,598	£4,650	£4,703	£22,996
Profit Before Tax	£-463	£-458	£-444	£-392	£-339	£-2,096
Profit After Tax	£-463	£-458	£-444	£-392	£-339	£-2,096
Change In Property Value	£1,300	£2,652	£3,448	£3,620	£2,661	£13,680
Net Return	£837	£2,194	£3,004	£3,228	£2,322	£11,584
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-10%
Total Net Return (%)	4%	11%	15%	16%	11%	57%