	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,112	£2,144	£2,197	£2,252	£2,320	£11,025
Total Expenses	£3,501	£3,550	£3,598	£3,647	£3,697	£17,993
Profit Before Tax	£-1,389	£-1,406	£-1,401	£-1,395	£-1,377	£-6,968
Profit After Tax	£-1,389	£-1,406	£-1,401	£-1,395	£-1,377	£-6,968
Change In Property Value	£813	£833	£1,366	£1,953	£2,248	£7,212
Net Return	£-576	£-573	£-35	£558	£871	£244
Return From Rental Income (%)	-13%	-13%	-13%	-13%	-13%	-65%
Total Net Return (%)	-5%	-5%	0%	5%	8%	2%