	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,800	£10,962	£11,126	£11,405	£11,690	£55,983
Total Expenses	£11,233	£11,261	£11,288	£11,326	£11,365	£56,473
Profit Before Tax	£-433	£-299	£-161	£78	£324	£-490
Profit After Tax	£-433	£-299	£-161	£78	£323	£-492
Change In Property Value	£3	£6,000	£10,710	£14,252	£9,929	£40,894
Net Return	£-430	£5,701	£10,549	£14,331	£10,251	£40,402
Return From Rental Income (%)	0%	0%	0%	0%	0%	-1%
Total Net Return (%)	0%	6%	11%	15%	11%	43%