	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	£6,634	£6,693	£6,743	£6,801	£6,860	£33,731
Profit Before Tax	£-514	£-481	£-438	£-338	£-236	£-2,007
Profit After Tax	£-514	£-481	£-438	£-338	£-236	£-2,007
Change In Property Value	£1	£2,500	£4,463	£5,938	£4,137	£17,039
Net Return	£-513	£2,019	£4,024	£5,600	£3,901	£15,032
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	-1%	5%	10%	15%	10%	39%