	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,512	£1,535	£1,558	£1,597	£1,637	£7,838
Total Expenses	£2,923	£2,976	£3,019	£3,065	£3,111	£15,094
Profit Before Tax	£-1,411	£-1,441	£-1,461	£-1,468	£-1,475	£-7,256
Profit After Tax	£-1,411	£-1,441	£-1,461	£-1,468	£-1,475	£-7,256
Change In Property Value	£720	£1,360	£1,565	£1,659	£1,319	£6,622
Net Return	£-691	£-81	£104	£191	£-156	£-635
Return From Rental Income (%)	-17%	-18%	-18%	-18%	-18%	-88%
Total Net Return (%)	-8%	-1%	1%	2%	-2%	-8%