	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,280	£2,326	£2,384	£2,443	£2,504	£11,937
Total Expenses	£3,617	£3,667	£3,716	£3,766	£3,815	£18,580
Profit Before Tax	£-1,337	£-1,342	£-1,332	£-1,322	£-1,310	£-6,643
Profit After Tax	£-1,337	£-1,342	£-1,332	£-1,322	£-1,310	£-6,643
Change In Property Value	£1,050	£1,082	£1,857	£2,339	£2,480	£8,807
Net Return	£-287	£-260	£524	£1,017	£1,170	£2,164
Return From Rental Income (%)	-11%	-11%	-11%	-11%	-10%	-53%
Total Net Return (%)	-2%	-2%	4%	8%	9%	17%