	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,444	£3,513	£3,583	£3,673	£3,765	£17,977
Total Expenses	£4,436	£4,493	£4,541	£4,591	£4,643	£22,704
Profit Before Tax	£-992	£-980	£-958	£-919	£-879	£-4,727
Profit After Tax	£-992	£-980	£-958	£-919	£-879	£-4,727
Change In Property Value	£1,950	£3,348	£4,218	£4,471	£3,949	£17,936
Net Return	£958	£2,368	£3,260	£3,552	£3,071	£13,209
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	4%	11%	15%	16%	14%	59%