	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,656	£4,726	£4,844	£4,965	£5,114	£24,305
Total Expenses	£5,441	£5,494	£5,549	£5,605	£5,663	£27,752
Profit Before Tax	£-785	£-768	£-705	£-640	£-548	£-3,447
Profit After Tax	£-785	£-768	£-705	£-640	£-548	£-3,447
Change In Property Value	£750	£758	£2,295	£3,152	£3,688	£10,643
Net Return	£-35	£-11	£1,590	£2,512	£3,139	£7,196
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-15%
Total Net Return (%)	0%	0%	7%	11%	13%	31%