	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,432	£12,618	£12,808	£13,128	£13,456	£64,442
Total Expenses	£12,333	£12,401	£12,461	£12,535	£12,611	£62,341
Profit Before Tax	£99	£217	£347	£593	£846	£2,102
Profit After Tax	£80	£176	£281	£480	£685	£1,702
Change In Property Value	£3	£5,650	£10,085	£13,421	£9,350	£38,509
Net Return	£83	£5,826	£10,366	£13,901	£10,035	£40,211
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	7%	12%	16%	11%	46%