	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£4,800	£4,896	£5,018	£5,144	£5,272	£25,131
Total Expenses	£5,456	£5,511	£5,566	£5,623	£5,678	£27,834
Profit Before Tax	£-656	£-615	£-548	£-479	£-406	£-2,704
Profit After Tax	£-656	£-615	£-548	£-479	£-406	£-2,704
Change In Property Value	£2,250	£2,318	£3,978	£5,013	£5,314	£18,872
Net Return	£1,594	£1,702	£3,430	£4,534	£4,908	£16,168
Return From Rental Income (%)	-3%	-3%	-2%	-2%	-2%	-12%
Total Net Return (%)	7%	7%	15%	19%	21%	69%