	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,524	£1,547	£1,586	£1,625	£1,674	£7,955
Total Expenses	£2,946	£2,994	£3,041	£3,089	£3,136	£15,206
Profit Before Tax	£-1,422	£-1,447	£-1,455	£-1,464	£-1,462	£-7,251
Profit After Tax	£-1,422	£-1,447	£-1,455	£-1,464	£-1,462	£-7,251
Change In Property Value	£600	£618	£1,167	£1,343	£1,424	£5,152
Net Return	£-822	£-829	£-288	£-121	£-39	£-2,099
Return From Rental Income (%)	-20%	-21%	-21%	-21%	-21%	-104%
Total Net Return (%)	-12%	-12%	-4%	-2%	-1%	-30%