	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,912	£3,990	£4,070	£4,172	£4,276	£20,420
Total Expenses	£4,418	£4,476	£4,525	£4,577	£4,630	£22,626
Profit Before Tax	£-506	£-486	£-455	£-405	£-354	£-2,206
Profit After Tax	£-506	£-486	£-455	£-405	£-354	£-2,206
Change In Property Value	£1,890	£3,245	£4,088	£4,333	£3,828	£17,384
Net Return	£1,384	£2,759	£3,633	£3,928	£3,474	£15,177
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	7%	14%	18%	20%	17%	76%