	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,816	£3,892	£3,970	£4,069	£4,171	£19,919
Total Expenses	£4,698	£4,756	£4,805	£4,856	£4,909	£24,024
Profit Before Tax	£-882	£-864	£-834	£-787	£-738	£-4,105
Profit After Tax	£-882	£-864	£-834	£-787	£-738	£-4,105
Change In Property Value	£2,160	£3,708	£4,672	£4,952	£4,375	£19,867
Net Return	£1,278	£2,844	£3,838	£4,165	£3,637	£15,762
Return From Rental Income (%)	-4%	-3%	-3%	-3%	-3%	-17%
Total Net Return (%)	5%	11%	15%	17%	15%	64%