	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,168	£15,396	£15,626	£16,017	£16,418	£78,625
Total Expenses	£15,422	£15,494	£15,558	£15,639	£15,722	£77,836
Profit Before Tax	£-254	£-99	£68	£378	£696	£789
Profit After Tax	£-254	£-99	£55	£306	£563	£572
Change In Property Value	£4	£7,400	£13,209	£17,578	£12,246	£50,436
Net Return	£-250	£7,301	£13,264	£17,884	£12,809	£51,008
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	11%	15%	11%	43%