	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,368	£1,389	£1,409	£1,445	£1,481	£7,091
Total Expenses	£3,263	£3,315	£3,358	£3,403	£3,450	£16,789
Profit Before Tax	£-1,895	£-1,926	£-1,949	£-1,959	£-1,969	£-9,698
Profit After Tax	£-1,895	£-1,926	£-1,949	£-1,959	£-1,969	£-9,698
Change In Property Value	£0	£700	£1,250	£1,663	£1,158	£4,771
Net Return	£-1,895	£-1,226	£-699	£-296	£-811	£-4,927
Return From Rental Income (%)	-16%	-17%	-17%	-17%	-17%	-84%
Total Net Return (%)	-16%	-11%	-6%	-3%	-7%	-43%