	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,712	£2,753	£2,794	£2,864	£2,935	£14,058
Total Expenses	£4,170	£4,224	£4,269	£4,318	£4,367	£21,347
Profit Before Tax	£-1,458	£-1,471	£-1,475	£-1,454	£-1,432	£-7,289
Profit After Tax	£-1,458	£-1,471	£-1,475	£-1,454	£-1,432	£-7,289
Change In Property Value	£1	£1,180	£2,106	£2,803	£1,953	£8,043
Net Return	£-1,457	£-291	£632	£1,349	£521	£754
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-39%
Total Net Return (%)	-8%	-2%	3%	7%	3%	4%