	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,180	£12,363	£12,548	£12,862	£13,183	£63,136
Total Expenses	£12,549	£12,617	£12,677	£12,750	£12,825	£63,417
Profit Before Tax	£-369	£-254	£-128	£112	£359	£-281
Profit After Tax	£-369	£-254	£-128	£112	£291	£-349
Change In Property Value	£3	£5,800	£10,353	£13,777	£9,598	£39,531
Net Return	£-366	£5,546	£10,225	£13,889	£9,889	£39,182
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	11%	15%	11%	44%