	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,128	£10,280	£10,537	£10,800	£11,124	£52,870
Total Expenses	£10,440	£10,466	£10,503	£10,540	£10,583	£52,532
Profit Before Tax	£-312	£-186	£34	£260	£541	£337
Profit After Tax	£-312	£-186	£34	£211	£438	£185
Change In Property Value	£5,625	£5,766	£10,638	£13,587	£15,637	£51,252
Net Return	£5,313	£5,579	£10,672	£13,797	£16,075	£51,437
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	8%	8%	16%	20%	23%	75%