	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£1,872	£1,900	£1,948	£1,996	£2,056	£9,772
Total Expenses	£3,219	£3,268	£3,315	£3,364	£3,413	£16,578
Profit Before Tax	£-1,347	£-1,367	£-1,368	£-1,368	£-1,356	£-6,806
Profit After Tax	£-1,347	£-1,367	£-1,368	£-1,368	£-1,356	£-6,806
Change In Property Value	£780	£803	£1,517	£1,746	£1,851	£6,697
Net Return	£-567	£-564	£149	£378	£494	£-109
Return From Rental Income (%)	-15%	-16%	-16%	-16%	-15%	-77%
Total Net Return (%)	-6%	-6%	2%	4%	6%	-1%