	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,976	£12,216	£12,460	£12,771	£13,091	£62,513
Total Expenses	£12,367	£12,441	£12,507	£12,580	£12,654	£62,550
Profit Before Tax	£-391	£-226	£-47	£191	£436	£-37
Profit After Tax	£-391	£-226	£-47	£155	£353	£-156
Change In Property Value	£8,550	£14,678	£18,494	£19,603	£17,316	£78,641
Net Return	£8,159	£14,452	£18,447	£19,758	£17,670	£78,485
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	8%	15%	19%	20%	18%	79%