	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,476	£4,543	£4,611	£4,727	£4,845	£23,202
Total Expenses	£4,698	£4,755	£4,803	£4,856	£4,911	£24,023
Profit Before Tax	£-222	£-212	£-191	£-130	£-66	£-821
Profit After Tax	£-222	£-212	£-191	£-130	£-66	£-821
Change In Property Value	£2,099	£3,963	£4,561	£4,834	£3,843	£19,299
Net Return	£1,876	£3,751	£4,369	£4,705	£3,777	£18,478
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	9%	17%	20%	21%	17%	84%