	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,040	£2,071	£2,122	£2,175	£2,241	£10,649
Total Expenses	£3,394	£3,443	£3,491	£3,541	£3,590	£17,459
Profit Before Tax	£-1,354	£-1,373	£-1,369	£-1,365	£-1,349	£-6,810
Profit After Tax	£-1,354	£-1,373	£-1,369	£-1,365	£-1,349	£-6,810
Change In Property Value	£900	£927	£1,750	£2,015	£2,136	£7,728
Net Return	£-454	£-446	£381	£649	£786	£917
Return From Rental Income (%)	-14%	-14%	-14%	-14%	-13%	-68%
Total Net Return (%)	-5%	-4%	4%	6%	8%	9%