	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£936	£950	£964	£988	£1,013	£4,852
Total Expenses	£1,205	£1,219	£1,231	£1,243	£1,257	£6,154
Profit Before Tax	£-269	£-269	£-266	£-255	£-243	£-1,302
Profit After Tax	£-269	£-269	£-266	£-255	£-243	£-1,302
Change In Property Value	£475	£876	£1,119	£1,288	£910	£4,669
Net Return	£206	£608	£853	£1,033	£667	£3,367
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-19%
Total Net Return (%)	3%	9%	13%	15%	10%	50%