	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,704	£7,820	£7,937	£8,135	£8,339	£39,934
Total Expenses	£7,650	£7,712	£7,765	£7,826	£7,889	£38,842
Profit Before Tax	£54	£108	£172	£309	£449	£1,092
Profit After Tax	£44	£87	£140	£250	£364	£885
Change In Property Value	£2	£3,033	£5,415	£7,205	£5,020	£20,674
Net Return	£45	£3,121	£5,554	£7,456	£5,384	£21,559
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	7%	12%	16%	12%	46%