	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,200	£4,284	£4,370	£4,479	£4,591	£21,924
Total Expenses	£4,672	£4,731	£4,780	£4,833	£4,887	£23,903
Profit Before Tax	£-472	£-447	£-411	£-354	£-296	£-1,979
Profit After Tax	£-472	£-447	£-411	£-354	£-296	£-1,979
Change In Property Value	£2,100	£3,605	£4,542	£4,815	£4,253	£19,315
Net Return	£1,628	£3,158	£4,132	£4,461	£3,957	£17,336
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	7%	13%	17%	19%	16%	72%