	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,488	£4,555	£4,669	£4,786	£4,930	£23,428
Total Expenses	£4,790	£4,842	£4,897	£4,952	£5,009	£24,490
Profit Before Tax	£-302	£-287	£-228	£-166	£-80	£-1,062
Profit After Tax	£-302	£-287	£-228	£-166	£-80	£-1,062
Change In Property Value	£1,770	£1,823	£3,443	£3,962	£4,200	£15,198
Net Return	£1,468	£1,536	£3,215	£3,796	£4,120	£14,136
Return From Rental Income (%)	-2%	-2%	-1%	-1%	0%	-6%
Total Net Return (%)	8%	8%	17%	20%	22%	76%