	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,956	£5,030	£5,156	£5,285	£5,444	£25,871
Total Expenses	£5,670	£5,723	£5,779	£5,835	£5,894	£28,900
Profit Before Tax	£-714	£-693	£-622	£-550	£-450	£-3,029
Profit After Tax	£-714	£-693	£-622	£-550	£-450	£-3,029
Change In Property Value	£2,400	£2,472	£4,668	£5,372	£5,695	£20,607
Net Return	£1,686	£1,779	£4,045	£4,822	£5,244	£17,578
Return From Rental Income (%)	-3%	-3%	-2%	-2%	-2%	-12%
Total Net Return (%)	7%	7%	16%	19%	21%	70%