	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,404	£1,425	£1,446	£1,483	£1,520	£7,278
Total Expenses	£1,509	£1,524	£1,536	£1,550	£1,565	£7,684
Profit Before Tax	£-105	£-99	£-90	£-68	£-45	£-406
Profit After Tax	£-105	£-99	£-90	£-68	£-45	£-406
Change In Property Value	£675	£1,245	£1,591	£1,831	£1,294	£6,635
Net Return	£570	£1,147	£1,501	£1,763	£1,249	£6,229
Return From Rental Income (%)	-1%	-1%	-1%	-1%	0%	-4%
Total Net Return (%)	6%	13%	16%	19%	14%	68%