	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,676	£5,761	£5,905	£6,053	£6,234	£29,629
Total Expenses	£6,138	£6,193	£6,250	£6,309	£6,370	£31,260
Profit Before Tax	£-462	£-432	£-345	£-256	£-135	£-1,630
Profit After Tax	£-462	£-432	£-345	£-256	£-135	£-1,630
Change In Property Value	£900	£909	£2,754	£3,783	£4,426	£12,771
Net Return	£438	£477	£2,409	£3,526	£4,290	£11,141
Return From Rental Income (%)	-2%	-2%	-1%	-1%	0%	-6%
Total Net Return (%)	2%	2%	9%	13%	15%	40%