	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,900	£3,978	£4,058	£4,159	£4,263	£20,358
Total Expenses	£4,321	£4,378	£4,427	£4,479	£4,532	£22,138
Profit Before Tax	£-421	£-400	£-370	£-320	£-269	£-1,780
Profit After Tax	£-421	£-400	£-370	£-320	£-269	£-1,780
Change In Property Value	£1,800	£3,090	£3,893	£4,127	£3,646	£16,556
Net Return	£1,380	£2,690	£3,524	£3,807	£3,376	£14,776
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-1%	-9%
Total Net Return (%)	7%	13%	17%	18%	16%	71%