	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£900	£913	£927	£950	£974	£4,665
Total Expenses	£2,492	£2,544	£2,586	£2,630	£2,675	£12,927
Profit Before Tax	£-1,592	£-1,630	£-1,659	£-1,680	£-1,701	£-8,262
Profit After Tax	£-1,592	£-1,630	£-1,659	£-1,680	£-1,701	£-8,262
Change In Property Value	£375	£708	£815	£864	£687	£3,449
Net Return	£-1,217	£-922	£-844	£-816	£-1,014	£-4,813
Return From Rental Income (%)	-34%	-34%	-35%	-35%	-36%	-174%
Total Net Return (%)	-26%	-19%	-18%	-17%	-21%	-101%