	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£804	£816	£836	£857	£883	£4,197
Total Expenses	£3,410	£3,457	£3,502	£3,548	£3,593	£17,509
Profit Before Tax	£-2,606	£-2,641	£-2,665	£-2,690	£-2,710	£-13,312
Profit After Tax	£-2,606	£-2,641	£-2,665	£-2,690	£-2,710	£-13,312
Change In Property Value	£670	£683	£1,394	£1,812	£1,903	£6,463
Net Return	£-1,936	£-1,957	£-1,271	£-878	£-807	£-6,849
Return From Rental Income (%)	-24%	-24%	-24%	-24%	-25%	-120%
Total Net Return (%)	-18%	-18%	-12%	-8%	-7%	-62%