	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	£2,275	£3,700	£4,259	£4,514	£3,987	£18,735
Net Return	£1,812	£3,242	£3,815	£4,122	£3,648	£16,639
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-10%
Total Net Return (%)	9%	16%	19%	20%	18%	81%