	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,880	£9,013	£9,148	£9,377	£9,612	£46,030
Total Expenses	£8,840	£8,904	£8,958	£9,023	£9,089	£44,814
Profit Before Tax	£40	£110	£190	£354	£523	£1,216
Profit After Tax	£32	£89	£154	£287	£423	£985
Change In Property Value	£4,625	£8,533	£10,899	£12,543	£8,864	£45,464
Net Return	£4,657	£8,622	£11,053	£12,830	£9,287	£46,449
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	8%	15%	20%	23%	16%	82%