	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,976	£3,021	£3,066	£3,143	£3,221	£15,426
Total Expenses	£3,794	£3,848	£3,894	£3,943	£3,994	£19,473
Profit Before Tax	£-818	£-828	£-828	£-801	£-773	£-4,046
Profit After Tax	£-818	£-828	£-828	£-801	£-773	£-4,046
Change In Property Value	£465	£1,409	£1,935	£2,264	£1,840	£7,913
Net Return	£-353	£581	£1,107	£1,463	£1,067	£3,867
Return From Rental Income (%)	-5%	-6%	-6%	-5%	-5%	-27%
Total Net Return (%)	-2%	4%	7%	10%	7%	26%