	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,348	£9,488	£9,631	£9,871	£10,118	£48,456
Total Expenses	£9,338	£9,402	£9,457	£9,523	£9,590	£47,309
Profit Before Tax	£10	£87	£174	£349	£528	£1,147
Profit After Tax	£8	£70	£141	£282	£428	£929
Change In Property Value	£2	£3,980	£7,104	£9,454	£6,586	£27,126
Net Return	£10	£4,050	£7,245	£9,736	£7,014	£28,056
Return From Rental Income (%)	0%	0%	0%	0%	1%	2%
Total Net Return (%)	0%	7%	12%	16%	12%	46%