	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,520	£5,603	£5,687	£5,829	£5,975	£28,613
Total Expenses	£6,413	£6,471	£6,521	£6,577	£6,634	£32,616
Profit Before Tax	£-893	£-868	£-834	£-748	£-659	£-4,002
Profit After Tax	£-893	£-868	£-834	£-748	£-659	£-4,002
Change In Property Value	£1	£2,400	£4,284	£5,701	£3,972	£16,358
Net Return	£-892	£1,532	£3,450	£4,953	£3,312	£12,355
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	-2%	4%	9%	13%	9%	33%