	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,840	£3,917	£3,995	£4,095	£4,197	£20,044
Total Expenses	£4,411	£4,469	£4,518	£4,569	£4,622	£22,589
Profit Before Tax	£-571	£-552	£-522	£-474	£-425	£-2,545
Profit After Tax	£-571	£-552	£-522	£-474	£-425	£-2,545
Change In Property Value	£1,890	£3,245	£4,088	£4,333	£3,828	£17,384
Net Return	£1,319	£2,693	£3,566	£3,859	£3,403	£14,839
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-13%
Total Net Return (%)	7%	14%	18%	19%	17%	75%