	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,580	£5,692	£5,834	£5,980	£6,129	£29,214
Total Expenses	£6,129	£6,186	£6,243	£6,302	£6,359	£31,218
Profit Before Tax	£-549	£-494	£-409	£-322	£-230	£-2,004
Profit After Tax	£-549	£-494	£-409	£-322	£-230	£-2,004
Change In Property Value	£2,700	£2,781	£4,774	£6,015	£6,376	£22,647
Net Return	£2,151	£2,287	£4,365	£5,693	£6,146	£20,643
Return From Rental Income (%)	-2%	-2%	-1%	-1%	-1%	-7%
Total Net Return (%)	8%	8%	16%	20%	22%	74%