	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,164	£4,247	£4,332	£4,441	£4,552	£21,736
Total Expenses	£5,151	£5,210	£5,259	£5,312	£5,366	£26,297
Profit Before Tax	£-987	£-962	£-927	£-871	£-814	£-4,562
Profit After Tax	£-987	£-962	£-927	£-871	£-814	£-4,562
Change In Property Value	£2,550	£4,378	£5,516	£5,847	£5,164	£23,454
Net Return	£1,563	£3,415	£4,589	£4,975	£4,351	£18,893
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-16%
Total Net Return (%)	5%	12%	16%	17%	15%	65%