	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,656	£4,726	£4,797	£4,917	£5,040	£24,135
Total Expenses	£4,879	£4,936	£4,984	£5,038	£5,093	£24,928
Profit Before Tax	£-223	£-210	£-187	£-121	£-53	£-794
Profit After Tax	£-223	£-210	£-187	£-121	£-53	£-794
Change In Property Value	£1,500	£3,060	£3,978	£4,177	£3,070	£15,785
Net Return	£1,277	£2,850	£3,791	£4,056	£3,017	£14,991
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-3%
Total Net Return (%)	5%	12%	16%	17%	13%	64%