	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,496	£20,803	£21,115	£21,643	£22,184	£106,243
Total Expenses	£20,137	£20,218	£20,290	£20,385	£20,481	£101,511
Profit Before Tax	£359	£586	£825	£1,259	£1,703	£4,732
Profit After Tax	£291	£474	£669	£1,020	£1,379	£3,833
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£296	£10,474	£18,519	£24,773	£17,928	£71,990
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	6%	11%	15%	11%	44%