	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,196	£5,274	£5,353	£5,487	£5,624	£26,934
Total Expenses	£5,737	£5,795	£5,844	£5,899	£5,955	£29,230
Profit Before Tax	£-541	£-521	£-491	£-412	£-331	£-2,296
Profit After Tax	£-541	£-521	£-491	£-412	£-331	£-2,296
Change In Property Value	£1	£2,000	£3,570	£4,751	£3,310	£13,631
Net Return	£-540	£1,479	£3,079	£4,339	£2,978	£11,335
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-7%
Total Net Return (%)	-2%	5%	10%	14%	10%	37%