	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,600	£3,654	£3,709	£3,802	£3,897	£18,661
Total Expenses	£3,969	£4,024	£4,071	£4,122	£4,174	£20,359
Profit Before Tax	£-369	£-370	£-362	£-320	£-277	£-1,698
Profit After Tax	£-369	£-370	£-362	£-320	£-277	£-1,698
Change In Property Value	£1,500	£2,833	£3,260	£3,456	£2,747	£13,795
Net Return	£1,131	£2,462	£2,898	£3,135	£2,470	£12,097
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	7%	15%	18%	20%	15%	76%