	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£816	£828	£841	£862	£883	£4,230
Total Expenses	£2,693	£2,744	£2,786	£2,830	£2,875	£13,929
Profit Before Tax	£-1,877	£-1,916	£-1,946	£-1,969	£-1,992	£-9,699
Profit After Tax	£-1,877	£-1,916	£-1,946	£-1,969	£-1,992	£-9,699
Change In Property Value	£0	£380	£678	£903	£629	£2,590
Net Return	£-1,877	£-1,536	£-1,267	£-1,066	£-1,363	£-7,109
Return From Rental Income (%)	-28%	-29%	-29%	-29%	-30%	-145%
Total Net Return (%)	-28%	-23%	-19%	-16%	-20%	-106%