	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,536	£10,747	£10,962	£11,236	£11,517	£54,997
Total Expenses	£10,936	£11,008	£11,070	£11,139	£11,210	£55,363
Profit Before Tax	£-400	£-261	£-108	£96	£307	£-367
Profit After Tax	£-400	£-261	£-108	£96	£248	£-425
Change In Property Value	£7,350	£12,618	£15,898	£16,852	£14,886	£67,603
Net Return	£6,950	£12,357	£15,790	£16,948	£15,134	£67,178
Return From Rental Income (%)	0%	0%	0%	0%	0%	-1%
Total Net Return (%)	8%	15%	19%	20%	18%	80%