	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,640	£2,680	£2,720	£2,788	£2,857	£13,685
Total Expenses	£4,838	£4,892	£4,937	£4,986	£5,035	£24,688
Profit Before Tax	£-2,198	£-2,212	£-2,217	£-2,198	£-2,178	£-11,003
Profit After Tax	£-2,198	£-2,212	£-2,217	£-2,198	£-2,178	£-11,003
Change In Property Value	£1,600	£3,264	£4,243	£4,455	£3,275	£16,837
Net Return	£-598	£1,052	£2,026	£2,258	£1,097	£5,834
Return From Rental Income (%)	-9%	-9%	-9%	-9%	-9%	-44%
Total Net Return (%)	-2%	4%	8%	9%	4%	23%