	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,748	£2,789	£2,831	£2,902	£2,974	£14,244
Total Expenses	£3,884	£3,938	£3,983	£4,032	£4,082	£19,918
Profit Before Tax	£-1,136	£-1,148	£-1,152	£-1,130	£-1,107	£-5,673
Profit After Tax	£-1,136	£-1,148	£-1,152	£-1,130	£-1,107	£-5,673
Change In Property Value	£1	£1,000	£1,785	£2,375	£1,655	£6,816
Net Return	£-1,135	£-148	£633	£1,245	£548	£1,143
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-35%
Total Net Return (%)	-7%	-1%	4%	8%	3%	7%