	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,148	£17,405	£17,840	£18,286	£18,835	£89,515
Total Expenses	£17,601	£17,673	£17,759	£17,848	£17,945	£88,826
Profit Before Tax	£-453	£-268	£81	£439	£890	£689
Profit After Tax	£-453	£-268	£81	£355	£721	£436
Change In Property Value	£4	£4	£7,000	£12,495	£16,628	£36,130
Net Return	£-450	£-264	£7,081	£12,851	£17,348	£36,566
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	0%	0%	6%	12%	16%	33%