	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,164	£4,226	£4,290	£4,397	£4,507	£21,584
Total Expenses	£5,151	£5,208	£5,255	£5,307	£5,361	£26,282
Profit Before Tax	£-987	£-981	£-965	£-910	£-854	£-4,698
Profit After Tax	£-987	£-981	£-965	£-910	£-854	£-4,698
Change In Property Value	£1,700	£3,468	£4,508	£4,734	£3,479	£17,890
Net Return	£713	£2,487	£3,543	£3,824	£2,625	£13,192
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-18%
Total Net Return (%)	3%	9%	13%	14%	10%	50%