	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,416	£4,504	£4,594	£4,709	£4,827	£23,051
Total Expenses	£4,694	£4,753	£4,803	£4,856	£4,910	£24,016
Profit Before Tax	£-278	£-248	£-208	£-147	£-83	£-965
Profit After Tax	£-278	£-248	£-208	£-147	£-83	£-965
Change In Property Value	£2,100	£3,605	£4,542	£4,815	£4,253	£19,315
Net Return	£1,822	£3,357	£4,334	£4,668	£4,170	£18,351
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	8%	14%	18%	19%	17%	76%