	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,660	£3,733	£3,808	£3,903	£4,001	£19,105
Total Expenses	£4,297	£4,354	£4,402	£4,454	£4,506	£22,012
Profit Before Tax	£-637	£-621	£-594	£-551	£-505	£-2,908
Profit After Tax	£-637	£-621	£-594	£-551	£-505	£-2,908
Change In Property Value	£1,800	£3,090	£3,893	£4,127	£3,646	£16,556
Net Return	£1,164	£2,469	£3,299	£3,576	£3,140	£13,648
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-3%	-15%
Total Net Return (%)	6%	13%	17%	19%	17%	72%