	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,952	£2,996	£3,071	£3,148	£3,242	£15,410
Total Expenses	£3,922	£3,972	£4,023	£4,074	£4,126	£20,118
Profit Before Tax	£-970	£-976	£-952	£-926	£-884	£-4,708
Profit After Tax	£-970	£-976	£-952	£-926	£-884	£-4,708
Change In Property Value	£1,230	£1,267	£2,392	£2,753	£2,919	£10,561
Net Return	£260	£291	£1,441	£1,827	£2,035	£5,853
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-35%
Total Net Return (%)	2%	2%	11%	14%	15%	44%