	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,084	£3,130	£3,177	£3,257	£3,338	£15,986
Total Expenses	£3,917	£3,972	£4,017	£4,067	£4,118	£20,092
Profit Before Tax	£-833	£-842	£-840	£-811	£-780	£-4,105
Profit After Tax	£-833	£-842	£-840	£-811	£-780	£-4,105
Change In Property Value	£1	£1,000	£1,785	£2,375	£1,655	£6,816
Net Return	£-833	£158	£945	£1,565	£875	£2,710
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-26%
Total Net Return (%)	-5%	1%	6%	10%	5%	17%