	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,448	£2,497	£2,559	£2,623	£2,689	£12,817
Total Expenses	£4,229	£4,279	£4,329	£4,379	£4,428	£21,644
Profit Before Tax	£-1,781	£-1,782	£-1,769	£-1,756	£-1,739	£-8,827
Profit After Tax	£-1,781	£-1,782	£-1,769	£-1,756	£-1,739	£-8,827
Change In Property Value	£1,500	£1,545	£2,652	£3,342	£3,542	£12,581
Net Return	£-281	£-237	£883	£1,586	£1,803	£3,754
Return From Rental Income (%)	-10%	-10%	-10%	-10%	-10%	-50%
Total Net Return (%)	-2%	-1%	5%	9%	10%	21%