	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,404	£1,425	£1,446	£1,483	£1,520	£7,278
Total Expenses	£3,427	£3,480	£3,523	£3,568	£3,614	£17,612
Profit Before Tax	£-2,023	£-2,054	£-2,076	£-2,085	£-2,095	£-10,334
Profit After Tax	£-2,023	£-2,054	£-2,076	£-2,085	£-2,095	£-10,334
Change In Property Value	£0	£800	£1,428	£1,900	£1,324	£5,453
Net Return	£-2,023	£-1,254	£-648	£-185	£-771	£-4,882
Return From Rental Income (%)	-16%	-16%	-16%	-16%	-16%	-79%
Total Net Return (%)	-16%	-10%	-5%	-1%	-6%	-38%