	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£696	£706	£717	£735	£753	£3,608
Total Expenses	£2,456	£2,507	£2,549	£2,592	£2,637	£12,741
Profit Before Tax	£-1,760	£-1,800	£-1,832	£-1,857	£-1,884	£-9,133
Profit After Tax	£-1,760	£-1,800	£-1,832	£-1,857	£-1,884	£-9,133
Change In Property Value	£0	£240	£428	£570	£397	£1,636
Net Return	£-1,760	£-1,560	£-1,403	£-1,287	£-1,486	£-7,497
Return From Rental Income (%)	-38%	-39%	-40%	-40%	-41%	-199%
Total Net Return (%)	-38%	-34%	-31%	-28%	-32%	-163%