	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,572	£4,641	£4,710	£4,828	£4,949	£23,699
Total Expenses	£4,870	£4,927	£4,975	£5,029	£5,083	£24,885
Profit Before Tax	£-298	£-287	£-265	£-201	£-135	£-1,186
Profit After Tax	£-298	£-287	£-265	£-201	£-135	£-1,186
Change In Property Value	£1,500	£3,060	£3,978	£4,177	£3,070	£15,785
Net Return	£1,202	£2,773	£3,713	£3,976	£2,935	£14,599
Return From Rental Income (%)	-1%	-1%	-1%	-1%	-1%	-5%
Total Net Return (%)	5%	12%	16%	17%	12%	62%