	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,016	£5,091	£5,219	£5,349	£5,509	£26,184
Total Expenses	£5,676	£5,729	£5,785	£5,842	£5,900	£28,932
Profit Before Tax	£-660	£-638	£-566	£-493	£-391	£-2,747
Profit After Tax	£-660	£-638	£-566	£-493	£-391	£-2,747
Change In Property Value	£2,000	£2,050	£3,782	£4,831	£5,560	£18,223
Net Return	£1,340	£1,412	£3,216	£4,338	£5,169	£15,475
Return From Rental Income (%)	-3%	-3%	-2%	-2%	-2%	-11%
Total Net Return (%)	5%	6%	13%	17%	21%	62%