	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,396	£15,627	£16,018	£16,418	£16,911	£80,369
Total Expenses	£15,926	£15,960	£16,010	£16,061	£16,121	£80,079
Profit Before Tax	£-530	£-334	£7	£357	£789	£290
Profit After Tax	£-530	£-334	£7	£289	£639	£72
Change In Property Value	£4	£4	£7,000	£12,495	£16,628	£36,130
Net Return	£-526	£-330	£7,008	£12,784	£17,267	£36,202
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	0%	0%	6%	12%	16%	33%