	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,952	£2,996	£3,041	£3,117	£3,195	£15,302
Total Expenses	£3,614	£3,669	£3,714	£3,764	£3,814	£18,575
Profit Before Tax	£-662	£-673	£-673	£-646	£-619	£-3,273
Profit After Tax	£-662	£-673	£-673	£-646	£-619	£-3,273
Change In Property Value	£1,230	£2,323	£2,673	£2,834	£2,253	£11,312
Net Return	£568	£1,650	£2,000	£2,187	£1,634	£8,039
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	4%	12%	15%	16%	12%	60%