	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,196	£2,229	£2,262	£2,319	£2,377	£11,383
Total Expenses	£3,989	£4,043	£4,087	£4,134	£4,183	£20,436
Profit Before Tax	£-1,793	£-1,814	£-1,824	£-1,815	£-1,806	£-9,053
Profit After Tax	£-1,793	£-1,814	£-1,824	£-1,815	£-1,806	£-9,053
Change In Property Value	£1	£1,100	£1,964	£2,613	£1,820	£7,497
Net Return	£-1,793	£-714	£139	£797	£14	£-1,555
Return From Rental Income (%)	-10%	-10%	-10%	-10%	-10%	-52%
Total Net Return (%)	-10%	-4%	1%	5%	0%	-9%