	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,112	£5,189	£5,267	£5,398	£5,533	£26,498
Total Expenses	£5,503	£5,561	£5,610	£5,665	£5,721	£28,061
Profit Before Tax	£-391	£-372	£-343	£-267	£-188	£-1,562
Profit After Tax	£-391	£-372	£-343	£-267	£-188	£-1,562
Change In Property Value	£1	£1,860	£3,320	£4,418	£3,078	£12,677
Net Return	£-391	£1,488	£2,977	£4,151	£2,890	£11,115
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	-1%	5%	10%	14%	10%	38%