	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,520	£2,558	£2,596	£2,661	£2,728	£13,063
Total Expenses	£3,378	£3,432	£3,477	£3,525	£3,574	£17,386
Profit Before Tax	£-858	£-874	£-881	£-864	£-847	£-4,324
Profit After Tax	£-858	£-874	£-881	£-864	£-847	£-4,324
Change In Property Value	£1,050	£1,983	£2,282	£2,419	£1,923	£9,657
Net Return	£192	£1,109	£1,401	£1,555	£1,076	£5,333
Return From Rental Income (%)	-7%	-8%	-8%	-8%	-7%	-38%
Total Net Return (%)	2%	10%	12%	14%	9%	46%