	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,348	£3,398	£3,483	£3,570	£3,677	£17,477
Total Expenses	£4,319	£4,370	£4,421	£4,474	£4,527	£22,110
Profit Before Tax	£-971	£-971	£-938	£-903	£-850	£-4,633
Profit After Tax	£-971	£-971	£-938	£-903	£-850	£-4,633
Change In Property Value	£500	£505	£1,530	£2,101	£2,459	£7,095
Net Return	£-471	£-466	£592	£1,198	£1,609	£2,462
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-5%	-29%
Total Net Return (%)	-3%	-3%	4%	7%	10%	15%