	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,304	£5,384	£5,464	£5,601	£5,741	£27,494
Total Expenses	£5,748	£5,806	£5,855	£5,910	£5,967	£29,286
Profit Before Tax	£-444	£-422	£-391	£-310	£-226	£-1,792
Profit After Tax	£-444	£-422	£-391	£-310	£-226	£-1,792
Change In Property Value	£3,000	£5,665	£6,520	£6,911	£5,494	£27,590
Net Return	£2,556	£5,243	£6,129	£6,602	£5,268	£25,798
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	8%	17%	20%	21%	17%	83%