	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,524	£1,547	£1,570	£1,609	£1,650	£7,900
Total Expenses	£2,796	£2,848	£2,892	£2,937	£2,984	£14,457
Profit Before Tax	£-1,272	£-1,301	£-1,321	£-1,328	£-1,334	£-6,557
Profit After Tax	£-1,272	£-1,301	£-1,321	£-1,328	£-1,334	£-6,557
Change In Property Value	£600	£1,133	£1,304	£1,382	£1,099	£5,518
Net Return	£-672	£-168	£-17	£54	£-236	£-1,039
Return From Rental Income (%)	-18%	-19%	-19%	-19%	-19%	-94%
Total Net Return (%)	-10%	-2%	0%	1%	-3%	-15%