	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,556	£2,594	£2,633	£2,699	£2,767	£13,249
Total Expenses	£3,864	£3,918	£3,963	£4,011	£4,061	£19,818
Profit Before Tax	£-1,308	£-1,324	£-1,330	£-1,312	£-1,294	£-6,569
Profit After Tax	£-1,308	£-1,324	£-1,330	£-1,312	£-1,294	£-6,569
Change In Property Value	£1,000	£2,040	£2,652	£2,785	£2,047	£10,523
Net Return	£-308	£716	£1,322	£1,472	£752	£3,955
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-41%
Total Net Return (%)	-2%	4%	8%	9%	5%	25%