	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,724	£5,838	£5,955	£6,104	£6,257	£29,879
Total Expenses	£6,112	£6,173	£6,226	£6,282	£6,340	£31,133
Profit Before Tax	£-388	£-335	£-271	£-178	£-84	£-1,255
Profit After Tax	£-388	£-335	£-271	£-178	£-84	£-1,255
Change In Property Value	£3,300	£5,665	£7,138	£7,566	£6,683	£30,353
Net Return	£2,912	£5,330	£6,867	£7,388	£6,600	£29,098
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	8%	14%	18%	20%	18%	78%