	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,752	£4,823	£4,896	£5,018	£5,143	£24,632
Total Expenses	£5,532	£5,589	£5,637	£5,691	£5,746	£28,196
Profit Before Tax	£-780	£-766	£-742	£-673	£-603	£-3,563
Profit After Tax	£-780	£-766	£-742	£-673	£-603	£-3,563
Change In Property Value	£2,850	£5,382	£6,194	£6,566	£5,220	£26,211
Net Return	£2,070	£4,616	£5,452	£5,892	£4,617	£22,648
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-12%
Total Net Return (%)	7%	16%	18%	20%	16%	77%