	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	£4,309	£4,366	£4,415	£4,466	£4,519	£22,075
Profit Before Tax	£-529	£-510	£-482	£-435	£-387	£-2,344
Profit After Tax	£-529	£-510	£-482	£-435	£-387	£-2,344
Change In Property Value	£1,800	£3,090	£3,893	£4,127	£3,646	£16,556
Net Return	£1,272	£2,580	£3,411	£3,692	£3,258	£14,212
Return From Rental Income (%)	-3%	-2%	-2%	-2%	-2%	-11%
Total Net Return (%)	6%	12%	16%	18%	16%	68%