	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,280	£2,314	£2,372	£2,431	£2,504	£11,902
Total Expenses	£3,815	£3,864	£3,913	£3,963	£4,013	£19,568
Profit Before Tax	£-1,535	£-1,550	£-1,541	£-1,532	£-1,509	£-7,667
Profit After Tax	£-1,535	£-1,550	£-1,541	£-1,532	£-1,509	£-7,667
Change In Property Value	£0	£0	£800	£1,428	£1,900	£4,129
Net Return	£-1,535	£-1,550	£-741	£-104	£392	£-3,537
Return From Rental Income (%)	-12%	-12%	-12%	-12%	-12%	-59%
Total Net Return (%)	-12%	-12%	-6%	-1%	3%	-27%