	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,796	£2,838	£2,881	£2,953	£3,026	£14,493
Total Expenses	£3,727	£3,782	£3,827	£3,876	£3,926	£19,138
Profit Before Tax	£-931	£-944	£-946	£-923	£-900	£-4,645
Profit After Tax	£-931	£-944	£-946	£-923	£-900	£-4,645
Change In Property Value	£1,350	£2,549	£2,934	£3,110	£2,472	£12,416
Net Return	£419	£1,606	£1,988	£2,187	£1,573	£7,771
Return From Rental Income (%)	-6%	-7%	-7%	-6%	-6%	-32%
Total Net Return (%)	3%	11%	14%	15%	11%	54%