	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,352	£5,432	£5,568	£5,707	£5,879	£27,938
Total Expenses	£6,344	£6,398	£6,455	£6,512	£6,572	£32,281
Profit Before Tax	£-992	£-966	£-886	£-805	£-694	£-4,343
Profit After Tax	£-992	£-966	£-886	£-805	£-694	£-4,343
Change In Property Value	£1,920	£1,958	£3,995	£5,194	£5,453	£18,521
Net Return	£928	£993	£3,109	£4,389	£4,760	£14,178
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-15%
Total Net Return (%)	3%	3%	10%	15%	16%	48%