	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,912	£13,106	£13,302	£13,635	£13,976	£66,930
Total Expenses	£13,426	£13,496	£13,556	£13,631	£13,708	£67,818
Profit Before Tax	£-514	£-390	£-254	£3	£268	£-888
Profit After Tax	£-514	£-390	£-254	£3	£268	£-888
Change In Property Value	£4,725	£11,190	£14,891	£17,290	£12,708	£60,805
Net Return	£4,211	£10,800	£14,637	£17,294	£12,976	£59,918
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	4%	11%	15%	18%	13%	61%