	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,240	£6,334	£6,429	£6,589	£6,754	£32,346
Total Expenses	£6,485	£6,544	£6,595	£6,653	£6,712	£32,989
Profit Before Tax	£-245	£-211	£-166	£-63	£42	£-643
Profit After Tax	£-245	£-211	£-166	£-63	£42	£-643
Change In Property Value	£1,200	£3,636	£4,993	£5,842	£4,749	£20,420
Net Return	£955	£3,425	£4,827	£5,779	£4,791	£19,777
Return From Rental Income (%)	-1%	-1%	0%	0%	0%	-2%
Total Net Return (%)	3%	9%	13%	16%	13%	53%