	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,804	£3,861	£3,958	£4,057	£4,178	£19,857
Total Expenses	£4,364	£4,416	£4,468	£4,522	£4,577	£22,348
Profit Before Tax	£-560	£-555	£-511	£-466	£-399	£-2,490
Profit After Tax	£-560	£-555	£-511	£-466	£-399	£-2,490
Change In Property Value	£1,500	£1,545	£2,917	£3,358	£3,559	£12,879
Net Return	£940	£990	£2,407	£2,892	£3,160	£10,389
Return From Rental Income (%)	-4%	-3%	-3%	-3%	-2%	-16%
Total Net Return (%)	6%	6%	15%	18%	20%	65%