	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,000	£18,270	£18,727	£19,195	£19,771	£93,962
Total Expenses	£18,170	£18,209	£18,265	£18,323	£18,391	£91,357
Profit Before Tax	£-170	£61	£462	£872	£1,380	£2,605
Profit After Tax	£-170	£50	£374	£706	£1,118	£2,078
Change In Property Value	£4,000	£4,040	£12,241	£16,811	£19,669	£56,762
Net Return	£3,830	£4,090	£12,615	£17,518	£20,787	£58,840
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	3%	3%	10%	14%	16%	46%