	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,956	£5,030	£5,106	£5,233	£5,364	£25,690
Total Expenses	£5,391	£5,449	£5,497	£5,552	£5,608	£27,497
Profit Before Tax	£-435	£-418	£-392	£-318	£-243	£-1,807
Profit After Tax	£-435	£-418	£-392	£-318	£-243	£-1,807
Change In Property Value	£2,700	£5,099	£5,868	£6,220	£4,945	£24,831
Net Return	£2,265	£4,680	£5,476	£5,902	£4,702	£23,024
Return From Rental Income (%)	-2%	-1%	-1%	-1%	-1%	-6%
Total Net Return (%)	8%	17%	20%	21%	17%	82%