	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,960	£4,039	£4,120	£4,223	£4,329	£20,671
Total Expenses	£4,487	£4,545	£4,594	£4,647	£4,700	£22,973
Profit Before Tax	£-527	£-506	£-474	£-424	£-371	£-2,303
Profit After Tax	£-527	£-506	£-474	£-424	£-371	£-2,303
Change In Property Value	£1,950	£3,348	£4,218	£4,471	£3,949	£17,936
Net Return	£1,423	£2,841	£3,743	£4,047	£3,578	£15,633
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	7%	14%	18%	20%	17%	76%