	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,484	£2,521	£2,559	£2,623	£2,689	£12,876
Total Expenses	£3,375	£3,428	£3,473	£3,521	£3,570	£17,368
Profit Before Tax	£-891	£-907	£-914	£-898	£-882	£-4,492
Profit After Tax	£-891	£-907	£-914	£-898	£-882	£-4,492
Change In Property Value	£1,050	£1,983	£2,282	£2,419	£1,923	£9,657
Net Return	£159	£1,076	£1,368	£1,521	£1,041	£5,165
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-39%
Total Net Return (%)	1%	9%	12%	13%	9%	45%