	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,156	£3,203	£3,251	£3,333	£3,416	£16,359
Total Expenses	£3,924	£3,979	£4,025	£4,075	£4,126	£20,129
Profit Before Tax	£-768	£-776	£-773	£-742	£-710	£-3,770
Profit After Tax	£-768	£-776	£-773	£-742	£-710	£-3,770
Change In Property Value	£1,500	£2,833	£3,260	£3,456	£2,747	£13,795
Net Return	£732	£2,057	£2,486	£2,713	£2,037	£10,026
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-4%	-24%
Total Net Return (%)	5%	13%	16%	17%	13%	63%