	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,840	£3,898	£3,956	£4,055	£4,156	£19,905
Total Expenses	£4,475	£4,531	£4,578	£4,630	£4,682	£22,897
Profit Before Tax	£-635	£-634	£-622	£-575	£-526	£-2,992
Profit After Tax	£-635	£-634	£-622	£-575	£-526	£-2,992
Change In Property Value	£1,625	£2,998	£3,829	£4,407	£3,114	£15,974
Net Return	£990	£2,365	£3,207	£3,832	£2,588	£12,982
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-15%
Total Net Return (%)	5%	12%	16%	19%	13%	63%