	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,000	£15,225	£15,606	£15,996	£16,476	£78,302
Total Expenses	£15,401	£15,469	£15,550	£15,633	£15,724	£77,776
Profit Before Tax	£-401	£-244	£56	£363	£752	£526
Profit After Tax	£-401	£-244	£56	£294	£609	£314
Change In Property Value	£3	£3	£5,999	£10,708	£14,250	£30,963
Net Return	£-398	£-241	£6,055	£11,002	£14,859	£31,278
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	0%	0%	6%	12%	16%	33%