	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,896	£1,924	£1,953	£2,002	£2,052	£9,828
Total Expenses	£3,155	£3,208	£3,252	£3,298	£3,346	£16,258
Profit Before Tax	£-1,259	£-1,283	£-1,298	£-1,296	£-1,294	£-6,430
Profit After Tax	£-1,259	£-1,283	£-1,298	£-1,296	£-1,294	£-6,430
Change In Property Value	£900	£1,700	£1,956	£2,073	£1,648	£8,277
Net Return	£-359	£416	£658	£777	£355	£1,847
Return From Rental Income (%)	-13%	-13%	-13%	-13%	-13%	-64%
Total Net Return (%)	-4%	4%	7%	8%	4%	18%