	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,004	£5,079	£5,155	£5,284	£5,416	£25,939
Total Expenses	£5,718	£5,775	£5,824	£5,879	£5,935	£29,131
Profit Before Tax	£-714	£-696	£-669	£-595	£-518	£-3,192
Profit After Tax	£-714	£-696	£-669	£-595	£-518	£-3,192
Change In Property Value	£1,000	£3,030	£4,161	£4,869	£3,957	£17,017
Net Return	£286	£2,334	£3,492	£4,274	£3,439	£13,825
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-10%
Total Net Return (%)	1%	8%	11%	14%	11%	45%