	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,656	£4,726	£4,797	£4,917	£5,040	£24,135
Total Expenses	£4,879	£4,936	£4,984	£5,038	£5,093	£24,928
Profit Before Tax	£-223	£-210	£-187	£-121	£-53	£-794
Profit After Tax	£-223	£-210	£-187	£-121	£-53	£-794
Change In Property Value	£750	£2,273	£3,121	£3,651	£2,968	£12,763
Net Return	£527	£2,063	£2,934	£3,530	£2,915	£11,969
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-3%
Total Net Return (%)	2%	9%	12%	15%	12%	51%