	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,704	£4,775	£4,894	£5,016	£5,167	£24,556
Total Expenses	£5,446	£5,499	£5,554	£5,610	£5,668	£27,777
Profit Before Tax	£-742	£-725	£-660	£-594	£-501	£-3,221
Profit After Tax	£-742	£-725	£-660	£-594	£-501	£-3,221
Change In Property Value	£1,875	£1,922	£3,546	£4,529	£5,212	£17,084
Net Return	£1,133	£1,197	£2,886	£3,935	£4,711	£13,862
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-14%
Total Net Return (%)	5%	5%	12%	17%	20%	59%