	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,756	£12,947	£13,271	£13,603	£14,011	£66,588
Total Expenses	£13,194	£13,259	£13,335	£13,412	£13,495	£66,696
Profit Before Tax	£-438	£-312	£-64	£191	£516	£-108
Profit After Tax	£-438	£-312	£-64	£155	£418	£-242
Change In Property Value	£2,500	£2,525	£7,651	£10,507	£12,293	£35,476
Net Return	£2,062	£2,213	£7,587	£10,662	£12,711	£35,234
Return From Rental Income (%)	-1%	0%	0%	0%	1%	0%
Total Net Return (%)	3%	3%	10%	14%	17%	46%