	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,360	£3,410	£3,462	£3,548	£3,637	£17,417
Total Expenses	£4,106	£4,161	£4,207	£4,257	£4,309	£21,039
Profit Before Tax	£-746	£-750	£-745	£-709	£-672	£-3,622
Profit After Tax	£-746	£-750	£-745	£-709	£-672	£-3,622
Change In Property Value	£1,925	£3,131	£3,603	£3,820	£3,374	£15,853
Net Return	£1,179	£2,381	£2,858	£3,110	£2,702	£12,230
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	7%	14%	16%	18%	15%	70%