	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,832	£2,874	£2,918	£2,991	£3,065	£14,680
Total Expenses	£3,569	£3,623	£3,668	£3,717	£3,767	£18,344
Profit Before Tax	£-737	£-748	£-751	£-727	£-702	£-3,664
Profit After Tax	£-737	£-748	£-751	£-727	£-702	£-3,664
Change In Property Value	£1,398	£2,274	£2,617	£2,774	£2,451	£11,515
Net Return	£662	£1,526	£1,867	£2,048	£1,749	£7,850
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-5%	-28%
Total Net Return (%)	5%	12%	14%	16%	13%	60%