	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,400	£20,706	£21,017	£21,542	£22,081	£105,745
Total Expenses	£20,449	£20,530	£20,602	£20,696	£20,793	£103,070
Profit Before Tax	£-49	£176	£415	£846	£1,288	£2,675
Profit After Tax	£-49	£143	£336	£685	£1,043	£2,157
Change In Property Value	£5	£10,200	£18,207	£24,229	£16,879	£69,520
Net Return	£-44	£10,343	£18,543	£24,914	£17,922	£71,678
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	43%