	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,376	£14,592	£14,811	£15,181	£15,560	£74,519
Total Expenses	£14,715	£14,787	£14,849	£14,928	£15,009	£74,288
Profit Before Tax	£-339	£-195	£-39	£253	£551	£231
Profit After Tax	£-339	£-195	£-39	£205	£447	£79
Change In Property Value	£4	£7,010	£12,513	£16,651	£11,600	£47,778
Net Return	£-335	£6,815	£12,474	£16,856	£12,047	£47,857
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	11%	15%	11%	43%