	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,020	£4,080	£4,182	£4,287	£4,415	£20,985
Total Expenses	£4,971	£5,023	£5,076	£5,130	£5,186	£25,387
Profit Before Tax	£-951	£-943	£-894	£-844	£-771	£-4,402
Profit After Tax	£-951	£-943	£-894	£-844	£-771	£-4,402
Change In Property Value	£1,943	£2,001	£3,778	£4,348	£4,609	£16,679
Net Return	£992	£1,058	£2,884	£3,505	£3,839	£12,277
Return From Rental Income (%)	-5%	-5%	-4%	-4%	-4%	-22%
Total Net Return (%)	5%	5%	14%	17%	19%	60%