	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,520	£5,603	£5,687	£5,829	£5,975	£28,613
Total Expenses	£6,413	£6,471	£6,521	£6,577	£6,634	£32,616
Profit Before Tax	£-893	£-868	£-834	£-748	£-659	£-4,002
Profit After Tax	£-893	£-868	£-834	£-748	£-659	£-4,002
Change In Property Value	£1,200	£3,636	£4,993	£5,842	£4,749	£20,420
Net Return	£307	£2,768	£4,160	£5,095	£4,089	£16,418
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	1%	7%	11%	14%	11%	44%