	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,304	£2,339	£2,397	£2,457	£2,531	£12,027
Total Expenses	£4,214	£4,264	£4,312	£4,362	£4,412	£21,565
Profit Before Tax	£-1,910	£-1,925	£-1,915	£-1,905	£-1,882	£-9,538
Profit After Tax	£-1,910	£-1,925	£-1,915	£-1,905	£-1,882	£-9,538
Change In Property Value	£1	£1	£1,000	£1,785	£2,375	£5,161
Net Return	£-1,910	£-1,925	£-915	£-120	£494	£-4,376
Return From Rental Income (%)	-12%	-12%	-12%	-12%	-12%	-60%
Total Net Return (%)	-12%	-12%	-6%	-1%	3%	-27%