	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£2,532	£2,583	£2,647	£2,713	£2,781	£13,256
Total Expenses	£3,801	£3,852	£3,901	£3,951	£4,001	£19,506
Profit Before Tax	£-1,269	£-1,269	£-1,254	£-1,238	£-1,220	£-6,249
Profit After Tax	£-1,269	£-1,269	£-1,254	£-1,238	£-1,220	£-6,249
Change In Property Value	£1,170	£1,205	£2,069	£2,607	£2,763	£9,814
Net Return	£-99	£-64	£815	£1,369	£1,543	£3,564
Return From Rental Income (%)	-9%	-9%	-9%	-9%	-9%	-45%
Total Net Return (%)	-1%	0%	6%	10%	11%	26%