	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,748	£5,834	£5,922	£6,070	£6,222	£29,795
Total Expenses	£6,275	£6,334	£6,383	£6,440	£6,498	£31,929
Profit Before Tax	£-527	£-499	£-462	£-370	£-276	£-2,134
Profit After Tax	£-527	£-499	£-462	£-370	£-276	£-2,134
Change In Property Value	£1,150	£3,485	£4,785	£5,599	£4,551	£19,569
Net Return	£623	£2,985	£4,324	£5,229	£4,274	£17,435
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	2%	8%	12%	15%	12%	49%