	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,220	£5,324	£5,458	£5,594	£5,734	£27,330
Total Expenses	£6,093	£6,149	£6,205	£6,263	£6,320	£31,030
Profit Before Tax	£-873	£-825	£-748	£-669	£-586	£-3,700
Profit After Tax	£-873	£-825	£-748	£-669	£-586	£-3,700
Change In Property Value	£2,700	£2,781	£4,774	£6,015	£6,376	£22,647
Net Return	£1,827	£1,956	£4,026	£5,346	£5,790	£18,946
Return From Rental Income (%)	-3%	-3%	-2%	-2%	-2%	-12%
Total Net Return (%)	6%	6%	13%	17%	19%	62%