	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,808	£2,850	£2,921	£2,994	£3,084	£14,658
Total Expenses	£3,828	£3,878	£3,928	£3,980	£4,031	£19,646
Profit Before Tax	£-1,020	£-1,028	£-1,007	£-985	£-947	£-4,988
Profit After Tax	£-1,020	£-1,028	£-1,007	£-985	£-947	£-4,988
Change In Property Value	£1,170	£1,205	£2,276	£2,619	£2,776	£10,046
Net Return	£150	£177	£1,269	£1,634	£1,829	£5,058
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-7%	-39%
Total Net Return (%)	1%	1%	10%	13%	14%	40%