	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,004	£2,034	£2,065	£2,116	£2,169	£10,388
Total Expenses	£3,487	£3,540	£3,584	£3,631	£3,679	£17,923
Profit Before Tax	£-1,483	£-1,506	£-1,520	£-1,515	£-1,510	£-7,535
Profit After Tax	£-1,483	£-1,506	£-1,520	£-1,515	£-1,510	£-7,535
Change In Property Value	£1,000	£1,845	£2,356	£2,712	£1,917	£9,830
Net Return	£-483	£339	£837	£1,197	£406	£2,295
Return From Rental Income (%)	-11%	-12%	-12%	-12%	-12%	-58%
Total Net Return (%)	-4%	3%	6%	9%	3%	18%