	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,204	£15,432	£15,664	£16,055	£16,457	£78,811
Total Expenses	£15,745	£15,818	£15,882	£15,963	£16,046	£79,455
Profit Before Tax	£-541	£-386	£-219	£92	£410	£-644
Profit After Tax	£-541	£-386	£-219	£92	£332	£-722
Change In Property Value	£4	£7,599	£13,564	£18,050	£12,575	£51,793
Net Return	£-537	£7,213	£13,346	£18,142	£12,908	£51,071
Return From Rental Income (%)	0%	0%	0%	0%	0%	-1%
Total Net Return (%)	0%	6%	11%	15%	11%	42%