	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,068	£1,084	£1,100	£1,128	£1,156	£5,536
Total Expenses	£2,557	£2,609	£2,651	£2,696	£2,742	£13,255
Profit Before Tax	£-1,489	£-1,525	£-1,551	£-1,568	£-1,586	£-7,719
Profit After Tax	£-1,489	£-1,525	£-1,551	£-1,568	£-1,586	£-7,719
Change In Property Value	£420	£793	£913	£968	£769	£3,863
Net Return	£-1,069	£-732	£-638	£-601	£-816	£-3,856
Return From Rental Income (%)	-29%	-29%	-30%	-30%	-30%	-148%
Total Net Return (%)	-21%	-14%	-12%	-12%	-16%	-74%