	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,276	£6,370	£6,529	£6,693	£6,893	£32,762
Total Expenses	£6,397	£6,452	£6,511	£6,571	£6,634	£32,565
Profit Before Tax	£-121	£-82	£18	£121	£259	£197
Profit After Tax	£-121	£-82	£15	£98	£210	£121
Change In Property Value	£2,375	£2,434	£4,491	£5,737	£6,602	£21,640
Net Return	£2,254	£2,352	£4,506	£5,835	£6,812	£21,760
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	8%	8%	15%	20%	23%	74%