	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,852	£13,109	£13,437	£13,773	£65,770
Total Expenses	£12,912	£12,988	£13,054	£13,129	£13,205	£65,289
Profit Before Tax	£-312	£-136	£55	£308	£567	£482
Profit After Tax	£-312	£-136	£44	£249	£460	£305
Change In Property Value	£9,000	£15,450	£19,467	£20,635	£18,228	£82,779
Net Return	£8,688	£15,314	£19,511	£20,884	£18,687	£83,084
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	8%	15%	19%	20%	18%	79%