	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£42,000	£42,630	£43,269	£44,351	£45,460	£217,711
Total Expenses	£43,310	£43,386	£43,460	£43,578	£43,700	£217,433
Profit Before Tax	£-1,310	£-756	£-190	£773	£1,760	£277
Profit After Tax	£-1,310	£-756	£-190	£647	£1,426	£-183
Change In Property Value	£18,000	£42,630	£56,728	£65,868	£48,413	£231,639
Net Return	£16,690	£41,875	£56,538	£66,515	£49,839	£231,456
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	4%	10%	13%	16%	12%	55%