	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,808	£2,850	£2,893	£2,965	£3,039	£14,556
Total Expenses	£3,536	£3,590	£3,635	£3,684	£3,734	£18,179
Profit Before Tax	£-728	£-740	£-742	£-719	£-695	£-3,623
Profit After Tax	£-728	£-740	£-742	£-719	£-695	£-3,623
Change In Property Value	£1,170	£2,209	£2,543	£2,695	£2,143	£10,760
Net Return	£442	£1,470	£1,801	£1,976	£1,448	£7,137
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-5%	-29%
Total Net Return (%)	3%	12%	14%	16%	11%	56%