	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£804	£816	£828	£849	£870	£4,168
Total Expenses	£3,158	£3,209	£3,252	£3,296	£3,340	£16,255
Profit Before Tax	£-2,354	£-2,393	£-2,423	£-2,447	£-2,470	£-12,088
Profit After Tax	£-2,354	£-2,393	£-2,423	£-2,447	£-2,470	£-12,088
Change In Property Value	£670	£1,367	£1,777	£1,866	£1,371	£7,051
Net Return	£-1,684	£-1,027	£-647	£-581	£-1,099	£-5,037
Return From Rental Income (%)	-21%	-22%	-22%	-22%	-22%	-109%
Total Net Return (%)	-15%	-9%	-6%	-5%	-10%	-46%