	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,736	£2,777	£2,819	£2,889	£2,961	£14,182
Total Expenses	£3,496	£3,550	£3,596	£3,644	£3,694	£17,981
Profit Before Tax	£-760	£-773	£-777	£-755	£-733	£-3,798
Profit After Tax	£-760	£-773	£-777	£-755	£-733	£-3,798
Change In Property Value	£1,140	£2,153	£2,478	£2,626	£2,088	£10,484
Net Return	£380	£1,379	£1,701	£1,871	£1,355	£6,686
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-31%
Total Net Return (%)	3%	11%	14%	15%	11%	54%