	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,496	£14,713	£15,081	£15,458	£15,922	£75,671
Total Expenses	£14,955	£15,023	£15,103	£15,184	£15,273	£75,538
Profit Before Tax	£-459	£-309	£-21	£274	£649	£133
Profit After Tax	£-459	£-309	£-21	£222	£526	£-42
Change In Property Value	£2,900	£2,929	£8,875	£12,188	£14,260	£41,151
Net Return	£2,441	£2,619	£8,853	£12,410	£14,785	£41,109
Return From Rental Income (%)	-1%	0%	0%	0%	1%	0%
Total Net Return (%)	3%	3%	10%	14%	16%	46%