	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,820	£12,056	£12,298	£12,605	£12,920	£61,699
Total Expenses	£12,030	£12,104	£12,169	£12,241	£12,316	£60,860
Profit Before Tax	£-210	£-47	£129	£364	£604	£839
Profit After Tax	£-210	£-47	£104	£294	£490	£631
Change In Property Value	£8,250	£14,163	£17,845	£18,915	£16,709	£75,881
Net Return	£8,040	£14,115	£17,949	£19,210	£17,198	£76,512
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	8%	15%	19%	20%	18%	80%