	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,208	£2,252	£2,297	£2,355	£2,413	£11,526
Total Expenses	£3,669	£3,723	£3,769	£3,816	£3,865	£18,841
Profit Before Tax	£-1,461	£-1,471	£-1,471	£-1,462	£-1,451	£-7,316
Profit After Tax	£-1,461	£-1,471	£-1,471	£-1,462	£-1,451	£-7,316
Change In Property Value	£1,350	£2,318	£2,920	£3,095	£2,734	£12,417
Net Return	£-111	£847	£1,449	£1,634	£1,283	£5,101
Return From Rental Income (%)	-9%	-9%	-9%	-9%	-9%	-46%
Total Net Return (%)	-1%	5%	9%	10%	8%	32%