	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,756	£12,947	£13,142	£13,470	£13,807	£66,122
Total Expenses	£12,606	£12,675	£12,736	£12,811	£12,887	£63,715
Profit Before Tax	£150	£272	£406	£659	£920	£2,407
Profit After Tax	£121	£220	£329	£534	£745	£1,949
Change In Property Value	£3	£5,800	£10,353	£13,777	£9,598	£39,531
Net Return	£124	£6,020	£10,682	£14,311	£10,343	£41,480
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	7%	12%	16%	11%	46%