	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,000	£18,270	£18,544	£19,008	£19,483	£93,305
Total Expenses	£18,279	£18,356	£18,424	£18,512	£18,603	£92,174
Profit Before Tax	£-279	£-86	£120	£495	£880	£1,131
Profit After Tax	£-279	£-86	£97	£401	£713	£847
Change In Property Value	£4,500	£13,635	£18,725	£21,909	£17,807	£76,576
Net Return	£4,221	£13,549	£18,823	£22,310	£18,520	£77,423
Return From Rental Income (%)	0%	0%	0%	0%	0%	1%
Total Net Return (%)	3%	9%	13%	15%	13%	53%