	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£12,981	£13,305	£13,638	£65,313
Total Expenses	£12,911	£12,980	£13,040	£13,114	£13,190	£65,235
Profit Before Tax	£-311	£-191	£-59	£191	£448	£78
Profit After Tax	£-311	£-191	£-59	£155	£363	£-43
Change In Property Value	£4,499	£10,656	£14,180	£16,464	£12,101	£57,900
Net Return	£4,188	£10,465	£14,121	£16,619	£12,464	£57,857
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	4%	11%	15%	18%	13%	62%