	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,780	£3,837	£3,894	£3,992	£4,091	£19,594
Total Expenses	£4,309	£4,364	£4,411	£4,462	£4,515	£22,061
Profit Before Tax	£-529	£-527	£-517	£-471	£-424	£-2,467
Profit After Tax	£-529	£-527	£-517	£-471	£-424	£-2,467
Change In Property Value	£1,800	£3,399	£3,912	£4,147	£3,297	£16,554
Net Return	£1,272	£2,872	£3,395	£3,676	£2,873	£14,087
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-13%
Total Net Return (%)	7%	15%	18%	19%	15%	74%