	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,352	£5,432	£5,514	£5,652	£5,793	£27,743
Total Expenses	£5,912	£5,970	£6,019	£6,075	£6,132	£30,107
Profit Before Tax	£-560	£-538	£-505	£-423	£-339	£-2,365
Profit After Tax	£-560	£-538	£-505	£-423	£-339	£-2,365
Change In Property Value	£2,624	£4,841	£6,183	£7,116	£5,029	£25,792
Net Return	£2,064	£4,303	£5,677	£6,693	£4,690	£23,427
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-7%
Total Net Return (%)	6%	13%	17%	21%	14%	72%