	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,260	£4,324	£4,432	£4,543	£4,679	£22,238
Total Expenses	£4,807	£4,859	£4,913	£4,968	£5,024	£24,570
Profit Before Tax	£-547	£-535	£-481	£-425	£-345	£-2,332
Profit After Tax	£-547	£-535	£-481	£-425	£-345	£-2,332
Change In Property Value	£1,800	£1,854	£3,501	£4,029	£4,271	£15,455
Net Return	£1,254	£1,319	£3,020	£3,604	£3,926	£13,124
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-12%
Total Net Return (%)	7%	7%	16%	19%	21%	69%