	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,320	£1,340	£1,360	£1,394	£1,429	£6,842
Total Expenses	£3,220	£3,271	£3,315	£3,360	£3,406	£16,571
Profit Before Tax	£-1,900	£-1,932	£-1,955	£-1,966	£-1,977	£-9,729
Profit After Tax	£-1,900	£-1,932	£-1,955	£-1,966	£-1,977	£-9,729
Change In Property Value	£0	£676	£1,207	£1,606	£1,119	£4,607
Net Return	£-1,899	£-1,256	£-748	£-360	£-858	£-5,121
Return From Rental Income (%)	-17%	-17%	-18%	-18%	-18%	-87%
Total Net Return (%)	-17%	-11%	-7%	-3%	-8%	-46%