	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,196	£5,274	£5,406	£5,541	£5,707	£27,124
Total Expenses	£5,694	£5,747	£5,804	£5,861	£5,920	£29,026
Profit Before Tax	£-498	£-473	£-398	£-320	£-213	£-1,902
Profit After Tax	£-498	£-473	£-398	£-320	£-213	£-1,902
Change In Property Value	£2,000	£2,050	£3,782	£4,831	£5,560	£18,223
Net Return	£1,502	£1,577	£3,384	£4,511	£5,347	£16,321
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	6%	6%	14%	18%	21%	65%