	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,164	£4,247	£4,332	£4,441	£4,552	£21,736
Total Expenses	£4,508	£4,566	£4,616	£4,668	£4,722	£23,080
Profit Before Tax	£-344	£-319	£-283	£-228	£-170	£-1,344
Profit After Tax	£-344	£-319	£-283	£-228	£-170	£-1,344
Change In Property Value	£1,950	£3,348	£4,218	£4,471	£3,949	£17,936
Net Return	£1,606	£3,029	£3,934	£4,243	£3,779	£16,591
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	8%	15%	19%	21%	18%	81%