	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,500	£16,747	£17,166	£17,595	£18,123	£86,132
Total Expenses	£16,743	£16,814	£16,898	£16,985	£17,081	£84,520
Profit Before Tax	£-243	£-66	£268	£610	£1,043	£1,612
Profit After Tax	£-243	£-66	£217	£494	£845	£1,247
Change In Property Value	£3,300	£3,333	£10,099	£13,869	£16,227	£46,828
Net Return	£3,057	£3,267	£10,316	£14,364	£17,072	£48,075
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	3%	3%	10%	14%	16%	46%