	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,872	£4,945	£5,069	£5,195	£5,351	£25,433
Total Expenses	£5,066	£5,119	£5,175	£5,231	£5,289	£25,881
Profit Before Tax	£-194	£-174	£-106	£-36	£62	£-448
Profit After Tax	£-194	£-174	£-106	£-36	£62	£-448
Change In Property Value	£1,950	£2,009	£3,793	£4,365	£4,627	£16,743
Net Return	£1,756	£1,834	£3,687	£4,329	£4,689	£16,295
Return From Rental Income (%)	-1%	-1%	-1%	0%	0%	-2%
Total Net Return (%)	9%	9%	18%	21%	23%	79%