	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,600	£3,672	£3,745	£3,839	£3,935	£18,792
Total Expenses	£3,647	£3,704	£3,753	£3,804	£3,856	£18,763
Profit Before Tax	£-47	£-32	£-7	£35	£79	£28
Profit After Tax	£-47	£-32	£-7	£29	£64	£7
Change In Property Value	£1,200	£2,060	£2,596	£2,751	£2,430	£11,037
Net Return	£1,153	£2,028	£2,588	£2,780	£2,494	£11,044
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	8%	14%	18%	20%	18%	78%