	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,684	£3,739	£3,833	£3,929	£4,046	£19,231
Total Expenses	£4,293	£4,344	£4,396	£4,450	£4,504	£21,988
Profit Before Tax	£-609	£-605	£-564	£-521	£-458	£-2,757
Profit After Tax	£-609	£-605	£-564	£-521	£-458	£-2,757
Change In Property Value	£1,455	£1,499	£2,830	£3,257	£3,452	£12,493
Net Return	£846	£894	£2,266	£2,736	£2,994	£9,736
Return From Rental Income (%)	-4%	-4%	-4%	-3%	-3%	-18%
Total Net Return (%)	5%	6%	15%	18%	19%	63%