	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,560	£4,628	£4,698	£4,815	£4,936	£23,637
Total Expenses	£5,513	£5,569	£5,617	£5,671	£5,726	£28,096
Profit Before Tax	£-953	£-941	£-920	£-856	£-790	£-4,459
Profit After Tax	£-953	£-941	£-920	£-856	£-790	£-4,459
Change In Property Value	£1,900	£3,876	£5,039	£5,291	£3,889	£19,994
Net Return	£947	£2,935	£4,119	£4,435	£3,099	£15,535
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-15%
Total Net Return (%)	3%	10%	14%	15%	11%	53%