	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,368	£1,389	£1,423	£1,459	£1,503	£7,141
Total Expenses	£2,891	£2,939	£2,985	£3,033	£3,080	£14,927
Profit Before Tax	£-1,523	£-1,550	£-1,562	£-1,574	£-1,577	£-7,785
Profit After Tax	£-1,523	£-1,550	£-1,562	£-1,574	£-1,577	£-7,785
Change In Property Value	£570	£587	£1,109	£1,276	£1,353	£4,894
Net Return	£-953	£-963	£-453	£-298	£-224	£-2,891
Return From Rental Income (%)	-23%	-23%	-23%	-23%	-24%	-116%
Total Net Return (%)	-14%	-14%	-7%	-4%	-3%	-43%