	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,800	£4,872	£4,994	£5,119	£5,272	£25,057
Total Expenses	£5,454	£5,507	£5,562	£5,618	£5,676	£27,817
Profit Before Tax	£-654	£-635	£-568	£-500	£-404	£-2,760
Profit After Tax	£-654	£-635	£-568	£-500	£-404	£-2,760
Change In Property Value	£2,249	£2,316	£4,373	£5,033	£5,335	£19,306
Net Return	£1,595	£1,681	£3,805	£4,534	£4,931	£16,546
Return From Rental Income (%)	-3%	-3%	-2%	-2%	-2%	-12%
Total Net Return (%)	7%	7%	16%	19%	21%	70%