	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,572	£10,731	£10,892	£11,164	£11,443	£54,801
Total Expenses	£10,297	£10,362	£10,420	£10,489	£10,559	£52,126
Profit Before Tax	£275	£368	£472	£675	£884	£2,675
Profit After Tax	£223	£298	£382	£547	£716	£2,166
Change In Property Value	£2	£4,500	£8,033	£10,689	£7,447	£30,671
Net Return	£225	£4,798	£8,415	£11,236	£8,163	£32,837
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	16%	12%	48%