	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,004	£11,224	£11,449	£11,735	£12,028	£57,440
Total Expenses	£11,144	£11,216	£11,280	£11,350	£11,422	£56,412
Profit Before Tax	£-140	£8	£169	£385	£606	£1,028
Profit After Tax	£-140	£6	£137	£312	£491	£806
Change In Property Value	£7,500	£12,875	£16,223	£17,196	£15,190	£68,983
Net Return	£7,360	£12,881	£16,359	£17,507	£15,681	£69,789
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	9%	15%	19%	20%	18%	82%