	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,600	£18,879	£19,162	£19,641	£20,132	£96,415
Total Expenses	£18,821	£18,899	£18,969	£19,058	£19,150	£94,898
Profit Before Tax	£-221	£-20	£194	£583	£982	£1,517
Profit After Tax	£-221	£-20	£157	£472	£796	£1,183
Change In Property Value	£5	£9,300	£16,601	£22,091	£15,390	£63,386
Net Return	£-217	£9,280	£16,757	£22,563	£16,185	£64,569
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	43%