	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,880	£12,058	£12,239	£12,545	£12,859	£61,581
Total Expenses	£11,875	£11,943	£12,002	£12,075	£12,149	£60,044
Profit Before Tax	£5	£115	£237	£470	£710	£1,537
Profit After Tax	£4	£93	£192	£381	£575	£1,245
Change In Property Value	£3	£5,400	£9,639	£12,827	£8,936	£36,805
Net Return	£7	£5,493	£9,831	£13,208	£9,511	£38,050
Return From Rental Income (%)	0%	0%	0%	0%	1%	2%
Total Net Return (%)	0%	7%	12%	16%	11%	46%