	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,240	£3,305	£3,371	£3,455	£3,542	£16,912
Total Expenses	£3,482	£3,539	£3,586	£3,637	£3,688	£17,932
Profit Before Tax	£-242	£-234	£-215	£-181	£-146	£-1,020
Profit After Tax	£-242	£-234	£-215	£-181	£-146	£-1,020
Change In Property Value	£1,080	£1,854	£2,336	£2,476	£2,187	£9,934
Net Return	£838	£1,620	£2,121	£2,295	£2,041	£8,914
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-8%
Total Net Return (%)	7%	13%	16%	18%	16%	69%