	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,120	£6,212	£6,305	£6,463	£6,624	£31,724
Total Expenses	£6,473	£6,532	£6,582	£6,640	£6,699	£32,927
Profit Before Tax	£-353	£-320	£-278	£-177	£-75	£-1,203
Profit After Tax	£-353	£-320	£-278	£-177	£-75	£-1,203
Change In Property Value	£1,200	£3,636	£4,993	£5,842	£4,749	£20,420
Net Return	£847	£3,316	£4,716	£5,665	£4,674	£19,217
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-3%
Total Net Return (%)	2%	9%	13%	15%	13%	52%