	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,356	£4,421	£4,488	£4,600	£4,715	£22,580
Total Expenses	£4,849	£4,905	£4,953	£5,006	£5,060	£24,773
Profit Before Tax	£-493	£-484	£-465	£-406	£-345	£-2,193
Profit After Tax	£-493	£-484	£-465	£-406	£-345	£-2,193
Change In Property Value	£1	£1,500	£2,678	£3,563	£2,482	£10,224
Net Return	£-492	£1,016	£2,212	£3,157	£2,137	£8,030
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-1%	-9%
Total Net Return (%)	-2%	4%	9%	13%	9%	34%