	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,320	£7,430	£7,616	£7,806	£8,040	£38,211
Total Expenses	£7,493	£7,550	£7,612	£7,674	£7,740	£38,069
Profit Before Tax	£-173	£-120	£4	£132	£300	£142
Profit After Tax	£-173	£-120	£3	£107	£243	£59
Change In Property Value	£3,600	£3,708	£7,002	£8,059	£8,542	£30,911
Net Return	£3,427	£3,588	£7,005	£8,165	£8,785	£30,970
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	9%	10%	19%	22%	24%	84%