	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,852	£3,910	£4,008	£4,108	£4,231	£20,108
Total Expenses	£4,510	£4,562	£4,614	£4,668	£4,723	£23,077
Profit Before Tax	£-658	£-652	£-607	£-560	£-492	£-2,969
Profit After Tax	£-658	£-652	£-607	£-560	£-492	£-2,969
Change In Property Value	£1,607	£1,655	£3,125	£3,596	£3,812	£13,794
Net Return	£949	£1,003	£2,518	£3,036	£3,320	£10,825
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-17%
Total Net Return (%)	6%	6%	15%	18%	19%	63%