	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,664	£11,839	£12,017	£12,317	£12,625	£60,461
Total Expenses	£11,693	£11,760	£11,819	£11,891	£11,964	£59,127
Profit Before Tax	£-29	£79	£198	£426	£661	£1,334
Profit After Tax	£-29	£64	£160	£345	£535	£1,075
Change In Property Value	£3	£5,300	£9,461	£12,589	£8,771	£36,123
Net Return	£-26	£5,364	£9,621	£12,934	£9,306	£37,198
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	7%	12%	16%	11%	46%