	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,840	£3,917	£3,995	£4,095	£4,197	£20,044
Total Expenses	£4,315	£4,372	£4,421	£4,473	£4,526	£22,106
Profit Before Tax	£-475	£-455	£-426	£-378	£-328	£-2,062
Profit After Tax	£-475	£-455	£-426	£-378	£-328	£-2,062
Change In Property Value	£1,800	£3,090	£3,893	£4,127	£3,646	£16,556
Net Return	£1,326	£2,635	£3,468	£3,749	£3,317	£14,494
Return From Rental Income (%)	-2%	-2%	-2%	-2%	-2%	-10%
Total Net Return (%)	6%	13%	17%	18%	16%	70%