	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,400	£11,571	£11,745	£12,038	£12,339	£59,093
Total Expenses	£11,666	£11,733	£11,792	£11,863	£11,936	£58,990
Profit Before Tax	£-266	£-162	£-47	£175	£403	£102
Profit After Tax	£-266	£-162	£-47	£142	£327	£-8
Change In Property Value	£3	£5,300	£9,461	£12,589	£8,771	£36,123
Net Return	£-264	£5,138	£9,413	£12,731	£9,097	£36,116
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	12%	16%	11%	44%