	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,464	£19,756	£20,052	£20,554	£21,067	£100,893
Total Expenses	£20,002	£20,081	£20,152	£20,244	£20,338	£100,815
Profit Before Tax	£-538	£-325	£-99	£310	£730	£78
Profit After Tax	£-538	£-325	£-99	£251	£591	£-120
Change In Property Value	£5	£9,980	£17,814	£23,706	£16,515	£68,021
Net Return	£-533	£9,655	£17,715	£23,957	£17,106	£67,901
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	11%	15%	10%	42%