	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,624	£12,813	£13,006	£13,331	£13,664	£65,438
Total Expenses	£12,497	£12,566	£12,626	£12,700	£12,776	£63,164
Profit Before Tax	£127	£248	£380	£631	£888	£2,273
Profit After Tax	£103	£201	£308	£511	£719	£1,841
Change In Property Value	£3	£5,740	£10,246	£13,635	£9,499	£39,122
Net Return	£106	£5,941	£10,554	£14,145	£10,218	£40,964
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	7%	12%	16%	11%	46%