	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,084	£3,146	£3,209	£3,289	£3,371	£16,098
Total Expenses	£3,885	£3,941	£3,988	£4,038	£4,089	£19,942
Profit Before Tax	£-801	£-795	£-780	£-749	£-718	£-3,844
Profit After Tax	£-801	£-795	£-780	£-749	£-718	£-3,844
Change In Property Value	£1,470	£2,524	£3,180	£3,370	£2,977	£13,521
Net Return	£669	£1,728	£2,400	£2,621	£2,259	£9,677
Return From Rental Income (%)	-5%	-5%	-5%	-4%	-4%	-22%
Total Net Return (%)	4%	10%	14%	15%	13%	56%