	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,860	£14,068	£14,279	£14,636	£15,002	£71,845
Total Expenses	£14,004	£14,074	£14,136	£14,214	£14,293	£70,722
Profit Before Tax	£-144	£-6	£142	£422	£709	£1,123
Profit After Tax	£-144	£-6	£115	£342	£574	£881
Change In Property Value	£4,950	£11,723	£15,600	£18,113	£13,313	£63,700
Net Return	£4,806	£11,717	£15,715	£18,455	£13,887	£64,581
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	5%	11%	15%	18%	13%	62%