	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,500	£4,590	£4,682	£4,799	£4,919	£23,489
Total Expenses	£4,863	£4,922	£4,972	£5,026	£5,080	£24,864
Profit Before Tax	£-363	£-332	£-291	£-227	£-162	£-1,374
Profit After Tax	£-363	£-332	£-291	£-227	£-162	£-1,374
Change In Property Value	£2,250	£3,863	£4,867	£5,159	£4,557	£20,695
Net Return	£1,887	£3,530	£4,576	£4,932	£4,395	£19,320
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	7%	14%	18%	19%	17%	75%