	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,240	£3,289	£3,338	£3,421	£3,507	£16,795
Total Expenses	£3,772	£3,827	£3,873	£3,923	£3,974	£19,368
Profit Before Tax	£-532	£-538	£-535	£-501	£-467	£-2,573
Profit After Tax	£-532	£-538	£-535	£-501	£-467	£-2,573
Change In Property Value	£1,350	£2,549	£2,934	£3,110	£2,472	£12,416
Net Return	£818	£2,011	£2,399	£2,609	£2,005	£9,842
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-18%
Total Net Return (%)	6%	14%	17%	18%	14%	68%