	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,300	£12,485	£12,672	£12,989	£13,313	£63,758
Total Expenses	£12,881	£12,949	£13,009	£13,083	£13,158	£65,080
Profit Before Tax	£-581	£-465	£-337	£-94	£156	£-1,321
Profit After Tax	£-581	£-465	£-337	£-94	£156	£-1,321
Change In Property Value	£4,499	£10,656	£14,180	£16,464	£12,101	£57,900
Net Return	£3,918	£10,191	£13,842	£16,370	£12,257	£56,579
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	4%	11%	15%	18%	13%	61%