	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,536	£1,559	£1,582	£1,622	£1,663	£7,962
Total Expenses	£3,280	£3,332	£3,375	£3,421	£3,468	£16,876
Profit Before Tax	£-1,744	£-1,773	£-1,793	£-1,799	£-1,805	£-8,914
Profit After Tax	£-1,744	£-1,773	£-1,793	£-1,799	£-1,805	£-8,914
Change In Property Value	£0	£700	£1,250	£1,663	£1,158	£4,771
Net Return	£-1,743	£-1,073	£-543	£-136	£-647	£-4,143
Return From Rental Income (%)	-15%	-15%	-16%	-16%	-16%	-78%
Total Net Return (%)	-15%	-9%	-5%	-1%	-6%	-36%