	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,236	£1,255	£1,286	£1,318	£1,358	£6,452
Total Expenses	£2,901	£2,949	£2,995	£3,042	£3,089	£14,977
Profit Before Tax	£-1,665	£-1,695	£-1,709	£-1,724	£-1,731	£-8,525
Profit After Tax	£-1,665	£-1,695	£-1,709	£-1,724	£-1,731	£-8,525
Change In Property Value	£588	£606	£1,144	£1,316	£1,395	£5,049
Net Return	£-1,077	£-1,089	£-566	£-408	£-336	£-3,476
Return From Rental Income (%)	-24%	-25%	-25%	-25%	-25%	-124%
Total Net Return (%)	-16%	-16%	-8%	-6%	-5%	-51%