	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,284	£4,370	£4,457	£4,569	£4,683	£22,362
Total Expenses	£4,616	£4,675	£4,725	£4,778	£4,832	£23,625
Profit Before Tax	£-332	£-305	£-268	£-209	£-149	£-1,263
Profit After Tax	£-332	£-305	£-268	£-209	£-149	£-1,263
Change In Property Value	£2,040	£3,502	£4,413	£4,677	£4,132	£18,763
Net Return	£1,708	£3,197	£4,145	£4,468	£3,983	£17,500
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	7%	14%	18%	19%	17%	75%