	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,320	£7,466	£7,653	£7,844	£8,040	£38,324
Total Expenses	£7,493	£7,554	£7,615	£7,678	£7,741	£38,081
Profit Before Tax	£-173	£-87	£38	£166	£300	£244
Profit After Tax	£-173	£-87	£31	£135	£243	£148
Change In Property Value	£3,600	£3,708	£6,365	£8,020	£8,502	£30,195
Net Return	£3,427	£3,621	£6,396	£8,155	£8,745	£30,343
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	9%	10%	17%	22%	24%	82%