	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,800	£1,827	£1,854	£1,901	£1,948	£9,330
Total Expenses	£3,467	£3,520	£3,563	£3,610	£3,657	£17,817
Profit Before Tax	£-1,667	£-1,693	£-1,709	£-1,709	£-1,709	£-8,487
Profit After Tax	£-1,667	£-1,693	£-1,709	£-1,709	£-1,709	£-8,487
Change In Property Value	£0	£800	£1,428	£1,900	£1,324	£5,453
Net Return	£-1,667	£-893	£-281	£191	£-385	£-3,034
Return From Rental Income (%)	-13%	-13%	-13%	-13%	-13%	-65%
Total Net Return (%)	-13%	-7%	-2%	1%	-3%	-23%