	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£12,981	£13,305	£13,638	£65,313
Total Expenses	£12,913	£12,981	£13,042	£13,116	£13,192	£65,243
Profit Before Tax	£-313	£-192	£-61	£189	£446	£70
Profit After Tax	£-313	£-192	£-61	£153	£361	£-51
Change In Property Value	£3,000	£9,090	£12,484	£14,606	£11,871	£51,051
Net Return	£2,688	£8,898	£12,423	£14,759	£12,233	£51,000
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	3%	10%	13%	16%	13%	55%