	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,292	£5,371	£5,506	£5,643	£5,813	£27,625
Total Expenses	£6,290	£6,344	£6,401	£6,458	£6,518	£32,012
Profit Before Tax	£-998	£-973	£-895	£-815	£-705	£-4,387
Profit After Tax	£-998	£-973	£-895	£-815	£-705	£-4,387
Change In Property Value	£1,896	£1,934	£3,945	£5,129	£5,385	£18,289
Net Return	£898	£961	£3,050	£4,314	£4,680	£13,902
Return From Rental Income (%)	-3%	-3%	-3%	-3%	-2%	-15%
Total Net Return (%)	3%	3%	10%	15%	16%	47%