	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,620	£4,689	£4,807	£4,927	£5,074	£24,117
Total Expenses	£5,041	£5,094	£5,148	£5,204	£5,262	£25,749
Profit Before Tax	£-421	£-405	£-342	£-278	£-187	£-1,632
Profit After Tax	£-421	£-405	£-342	£-278	£-187	£-1,632
Change In Property Value	£1,950	£2,009	£3,793	£4,365	£4,627	£16,743
Net Return	£1,529	£1,604	£3,451	£4,087	£4,440	£15,111
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	7%	8%	17%	20%	22%	74%