	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,780	£3,856	£3,933	£4,031	£4,132	£19,731
Total Expenses	£4,405	£4,463	£4,511	£4,563	£4,616	£22,558
Profit Before Tax	£-625	£-607	£-579	£-532	£-484	£-2,826
Profit After Tax	£-625	£-607	£-579	£-532	£-484	£-2,826
Change In Property Value	£1,890	£3,245	£4,088	£4,333	£3,828	£17,384
Net Return	£1,265	£2,638	£3,509	£3,801	£3,344	£14,557
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-13%
Total Net Return (%)	6%	12%	16%	17%	15%	67%