	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,952	£2,996	£3,041	£3,117	£3,195	£15,302
Total Expenses	£3,902	£3,957	£4,002	£4,052	£4,102	£20,015
Profit Before Tax	£-950	£-960	£-961	£-934	£-907	£-4,713
Profit After Tax	£-950	£-960	£-961	£-934	£-907	£-4,713
Change In Property Value	£1,249	£2,304	£2,943	£3,387	£2,393	£12,275
Net Return	£298	£1,343	£1,982	£2,452	£1,486	£7,562
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-29%
Total Net Return (%)	2%	8%	12%	15%	9%	47%