	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,928	£2,972	£3,016	£3,092	£3,169	£15,178
Total Expenses	£3,741	£3,795	£3,841	£3,890	£3,940	£19,206
Profit Before Tax	£-813	£-823	£-824	£-798	£-771	£-4,029
Profit After Tax	£-813	£-823	£-824	£-798	£-771	£-4,029
Change In Property Value	£0	£900	£1,607	£2,138	£1,489	£6,134
Net Return	£-812	£77	£782	£1,340	£718	£2,105
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-5%	-28%
Total Net Return (%)	-6%	1%	5%	9%	5%	15%