	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,900	£13,094	£13,290	£13,622	£13,963	£66,868
Total Expenses	£12,941	£13,010	£13,071	£13,146	£13,223	£65,391
Profit Before Tax	£-41	£83	£219	£476	£740	£1,478
Profit After Tax	£-41	£67	£177	£386	£599	£1,189
Change In Property Value	£3	£5,999	£10,708	£14,250	£9,927	£40,887
Net Return	£-38	£6,066	£10,886	£14,635	£10,527	£42,077
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	12%	16%	11%	45%