	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,040	£5,116	£5,243	£5,375	£5,536	£26,309
Total Expenses	£5,678	£5,732	£5,787	£5,844	£5,903	£28,944
Profit Before Tax	£-638	£-616	£-544	£-470	£-367	£-2,635
Profit After Tax	£-638	£-616	£-544	£-470	£-367	£-2,635
Change In Property Value	£1,600	£1,632	£3,329	£4,328	£4,544	£15,434
Net Return	£962	£1,016	£2,785	£3,858	£4,177	£12,799
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-1%	-11%
Total Net Return (%)	4%	4%	11%	15%	17%	51%