	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,832	£2,874	£2,918	£2,991	£3,065	£14,680
Total Expenses	£3,731	£3,785	£3,831	£3,880	£3,930	£19,157
Profit Before Tax	£-899	£-911	£-913	£-889	£-865	£-4,477
Profit After Tax	£-899	£-911	£-913	£-889	£-865	£-4,477
Change In Property Value	£1,350	£2,549	£2,934	£3,110	£2,472	£12,416
Net Return	£451	£1,638	£2,021	£2,221	£1,608	£7,939
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-31%
Total Net Return (%)	3%	11%	14%	15%	11%	55%