	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	£15,420	£15,493	£15,557	£15,638	£15,720	£77,827
Profit Before Tax	£-252	£-97	£70	£379	£697	£797
Profit After Tax	£-252	£-97	£56	£307	£565	£579
Change In Property Value	£3,700	£11,209	£15,394	£18,011	£14,639	£62,954
Net Return	£3,448	£11,112	£15,451	£18,319	£15,204	£63,533
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	3%	9%	13%	16%	13%	54%