	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,820	£2,862	£2,905	£2,978	£3,052	£14,618
Total Expenses	£3,730	£3,784	£3,829	£3,878	£3,929	£19,150
Profit Before Tax	£-910	£-922	£-924	£-901	£-876	£-4,533
Profit After Tax	£-910	£-922	£-924	£-901	£-876	£-4,533
Change In Property Value	£1,125	£2,076	£2,651	£3,051	£2,156	£11,059
Net Return	£215	£1,154	£1,727	£2,150	£1,280	£6,526
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-31%
Total Net Return (%)	1%	8%	12%	15%	9%	45%