	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,748	£2,789	£2,859	£2,930	£3,018	£14,345
Total Expenses	£4,259	£4,309	£4,359	£4,410	£4,461	£21,797
Profit Before Tax	£-1,511	£-1,519	£-1,500	£-1,479	£-1,443	£-7,452
Profit After Tax	£-1,511	£-1,519	£-1,500	£-1,479	£-1,443	£-7,452
Change In Property Value	£1	£1	£1,000	£1,785	£2,375	£5,161
Net Return	£-1,510	£-1,519	£-500	£306	£933	£-2,290
Return From Rental Income (%)	-9%	-9%	-9%	-9%	-9%	-47%
Total Net Return (%)	-9%	-9%	-3%	2%	6%	-14%