	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,248	£1,267	£1,286	£1,318	£1,351	£6,469
Total Expenses	£2,929	£2,981	£3,024	£3,069	£3,115	£15,118
Profit Before Tax	£-1,681	£-1,714	£-1,738	£-1,751	£-1,764	£-8,649
Profit After Tax	£-1,681	£-1,714	£-1,738	£-1,751	£-1,764	£-8,649
Change In Property Value	£750	£1,416	£1,630	£1,728	£1,374	£6,898
Net Return	£-931	£-298	£-108	£-23	£-391	£-1,751
Return From Rental Income (%)	-20%	-20%	-20%	-21%	-21%	-102%
Total Net Return (%)	-11%	-4%	-1%	0%	-5%	-21%