	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,704	£1,738	£1,773	£1,817	£1,863	£8,895
Total Expenses	£3,071	£3,125	£3,169	£3,215	£3,263	£15,843
Profit Before Tax	£-1,367	£-1,387	£-1,396	£-1,398	£-1,400	£-6,949
Profit After Tax	£-1,367	£-1,387	£-1,396	£-1,398	£-1,400	£-6,949
Change In Property Value	£840	£1,442	£1,817	£1,926	£1,701	£7,726
Net Return	£-527	£55	£421	£528	£301	£777
Return From Rental Income (%)	-13%	-14%	-14%	-14%	-14%	-68%
Total Net Return (%)	-5%	1%	4%	5%	3%	8%