	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,436	£2,485	£2,534	£2,598	£2,663	£12,716
Total Expenses	£3,112	£3,167	£3,213	£3,261	£3,310	£16,064
Profit Before Tax	£-676	£-682	£-679	£-664	£-648	£-3,349
Profit After Tax	£-676	£-682	£-679	£-664	£-648	£-3,349
Change In Property Value	£810	£1,391	£1,752	£1,857	£1,640	£7,450
Net Return	£134	£708	£1,073	£1,194	£993	£4,101
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-34%
Total Net Return (%)	1%	7%	11%	12%	10%	41%