	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,100	£2,131	£2,163	£2,218	£2,273	£10,886
Total Expenses	£3,561	£3,615	£3,659	£3,706	£3,754	£18,295
Profit Before Tax	£-1,461	£-1,483	£-1,495	£-1,488	£-1,481	£-7,409
Profit After Tax	£-1,461	£-1,483	£-1,495	£-1,488	£-1,481	£-7,409
Change In Property Value	£1,260	£2,379	£2,738	£2,903	£2,308	£11,588
Net Return	£-201	£896	£1,243	£1,414	£826	£4,179
Return From Rental Income (%)	-11%	-11%	-11%	-11%	-11%	-54%
Total Net Return (%)	-1%	7%	9%	10%	6%	31%