	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,508	£5,618	£5,759	£5,903	£6,050	£28,838
Total Expenses	£6,320	£6,377	£6,434	£6,492	£6,550	£32,173
Profit Before Tax	£-812	£-759	£-675	£-590	£-499	£-3,335
Profit After Tax	£-812	£-759	£-675	£-590	£-499	£-3,335
Change In Property Value	£2,850	£2,936	£5,039	£6,349	£6,730	£23,905
Net Return	£2,038	£2,177	£4,364	£5,760	£6,231	£20,570
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-2%	-10%
Total Net Return (%)	6%	7%	13%	18%	19%	64%