	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,320	£10,526	£10,737	£11,005	£11,280	£53,869
Total Expenses	£10,754	£10,825	£10,887	£10,955	£11,026	£54,446
Profit Before Tax	£-434	£-298	£-150	£50	£255	£-577
Profit After Tax	£-434	£-298	£-150	£50	£207	£-626
Change In Property Value	£7,200	£12,360	£15,574	£16,508	£14,582	£66,224
Net Return	£6,766	£12,062	£15,424	£16,558	£14,789	£65,598
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	8%	15%	19%	20%	18%	80%