	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£12,981	£13,305	£13,638	£65,313
Total Expenses	£12,913	£12,981	£13,042	£13,116	£13,192	£65,243
Profit Before Tax	£-313	£-192	£-61	£189	£446	£70
Profit After Tax	£-313	£-192	£-61	£153	£361	£-51
Change In Property Value	£9,000	£16,995	£19,560	£20,733	£16,483	£82,771
Net Return	£8,688	£16,803	£19,499	£20,887	£16,844	£82,720
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	9%	18%	21%	22%	18%	88%