	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,608	£4,677	£4,794	£4,914	£5,061	£24,054
Total Expenses	£5,000	£5,053	£5,108	£5,163	£5,221	£25,545
Profit Before Tax	£-392	£-376	£-314	£-250	£-159	£-1,490
Profit After Tax	£-392	£-376	£-314	£-250	£-159	£-1,490
Change In Property Value	£1,920	£1,978	£3,734	£4,298	£4,556	£16,486
Net Return	£1,528	£1,602	£3,421	£4,048	£4,396	£14,995
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-7%
Total Net Return (%)	8%	8%	17%	20%	22%	74%