	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,388	£5,469	£5,551	£5,690	£5,832	£27,929
Total Expenses	£6,010	£6,068	£6,117	£6,173	£6,230	£30,597
Profit Before Tax	£-622	£-599	£-566	£-483	£-398	£-2,667
Profit After Tax	£-622	£-599	£-566	£-483	£-398	£-2,667
Change In Property Value	£1	£2,158	£3,851	£5,125	£3,570	£14,705
Net Return	£-621	£1,559	£3,285	£4,642	£3,173	£12,037
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	-2%	5%	10%	14%	10%	36%