	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,576	£3,648	£3,720	£3,813	£3,909	£18,666
Total Expenses	£4,127	£4,184	£4,233	£4,284	£4,336	£21,164
Profit Before Tax	£-551	£-537	£-512	£-470	£-427	£-2,498
Profit After Tax	£-551	£-537	£-512	£-470	£-427	£-2,498
Change In Property Value	£1,650	£2,833	£3,569	£3,783	£3,342	£15,176
Net Return	£1,099	£2,296	£3,057	£3,313	£2,915	£12,678
Return From Rental Income (%)	-3%	-3%	-3%	-2%	-2%	-13%
Total Net Return (%)	6%	12%	16%	17%	15%	66%