	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,628	£14,847	£15,219	£15,599	£16,067	£76,360
Total Expenses	£14,857	£14,891	£14,938	£14,987	£15,045	£74,719
Profit Before Tax	£-229	£-43	£280	£612	£1,022	£1,641
Profit After Tax	£-229	£-43	£227	£495	£828	£1,278
Change In Property Value	£8,125	£8,328	£15,365	£19,625	£22,587	£74,030
Net Return	£7,896	£8,285	£15,592	£20,120	£23,415	£75,308
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	8%	8%	15%	20%	23%	74%