	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,976	£9,111	£9,247	£9,478	£9,715	£46,528
Total Expenses	£9,172	£9,235	£9,290	£9,355	£9,421	£46,473
Profit Before Tax	£-196	£-125	£-43	£124	£294	£55
Profit After Tax	£-196	£-125	£-43	£100	£238	£-24
Change In Property Value	£1,950	£5,909	£8,114	£9,494	£7,716	£33,183
Net Return	£1,754	£5,784	£8,072	£9,594	£7,955	£33,159
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	3%	10%	14%	16%	13%	56%