	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,644	£4,714	£4,784	£4,904	£5,027	£24,073
Total Expenses	£5,392	£5,449	£5,497	£5,551	£5,606	£27,496
Profit Before Tax	£-748	£-736	£-713	£-647	£-579	£-3,424
Profit After Tax	£-748	£-736	£-713	£-647	£-579	£-3,424
Change In Property Value	£910	£2,757	£3,787	£4,430	£3,601	£15,485
Net Return	£162	£2,022	£3,074	£3,783	£3,021	£12,062
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-12%
Total Net Return (%)	1%	7%	11%	13%	11%	43%