	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,748	£2,789	£2,831	£2,902	£2,974	£14,244
Total Expenses	£4,044	£4,099	£4,144	£4,193	£4,243	£20,722
Profit Before Tax	£-1,296	£-1,309	£-1,313	£-1,291	£-1,268	£-6,477
Profit After Tax	£-1,296	£-1,309	£-1,313	£-1,291	£-1,268	£-6,477
Change In Property Value	£1	£1,100	£1,964	£2,613	£1,820	£7,497
Net Return	£-1,296	£-209	£651	£1,322	£552	£1,020
Return From Rental Income (%)	-7%	-7%	-8%	-7%	-7%	-37%
Total Net Return (%)	-7%	-1%	4%	8%	3%	6%