	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,256	£2,290	£2,324	£2,382	£2,442	£11,694
Total Expenses	£3,673	£3,727	£3,771	£3,819	£3,868	£18,858
Profit Before Tax	£-1,417	£-1,437	£-1,447	£-1,437	£-1,426	£-7,164
Profit After Tax	£-1,417	£-1,437	£-1,447	£-1,437	£-1,426	£-7,164
Change In Property Value	£1,125	£2,076	£2,651	£3,051	£2,156	£11,059
Net Return	£-292	£639	£1,204	£1,614	£730	£3,895
Return From Rental Income (%)	-10%	-10%	-10%	-10%	-10%	-49%
Total Net Return (%)	-2%	4%	8%	11%	5%	27%