	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,996	£4,056	£4,117	£4,220	£4,325	£20,714
Total Expenses	£4,974	£5,030	£5,077	£5,129	£5,182	£25,391
Profit Before Tax	£-978	£-974	£-960	£-909	£-857	£-4,677
Profit After Tax	£-978	£-974	£-960	£-909	£-857	£-4,677
Change In Property Value	£2,000	£3,690	£4,713	£5,424	£3,833	£19,660
Net Return	£1,022	£2,716	£3,753	£4,515	£2,976	£14,983
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-3%	-19%
Total Net Return (%)	4%	11%	15%	18%	12%	60%