	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,152	£4,235	£4,320	£4,428	£4,538	£21,673
Total Expenses	£4,603	£4,661	£4,711	£4,764	£4,817	£23,556
Profit Before Tax	£-451	£-426	£-391	£-336	£-279	£-1,883
Profit After Tax	£-451	£-426	£-391	£-336	£-279	£-1,883
Change In Property Value	£2,040	£3,502	£4,413	£4,677	£4,132	£18,763
Net Return	£1,589	£3,076	£4,021	£4,342	£3,853	£16,880
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-1%	-9%
Total Net Return (%)	7%	14%	19%	20%	18%	79%