	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,600	£15,834	£16,072	£16,473	£16,885	£80,864
Total Expenses	£16,108	£16,182	£16,246	£16,328	£16,412	£81,277
Profit Before Tax	£-508	£-348	£-175	£145	£473	£-413
Profit After Tax	£-508	£-348	£-175	£145	£383	£-503
Change In Property Value	£3,900	£11,817	£16,229	£18,988	£15,433	£66,366
Net Return	£3,392	£11,469	£16,054	£19,132	£15,816	£65,863
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	3%	9%	13%	15%	13%	53%