	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,028	£11,193	£11,361	£11,645	£11,936	£57,165
Total Expenses	£10,986	£11,052	£11,110	£11,180	£11,252	£55,580
Profit Before Tax	£42	£141	£251	£465	£684	£1,584
Profit After Tax	£34	£114	£204	£377	£554	£1,283
Change In Property Value	£2	£4,900	£8,747	£11,639	£8,109	£33,397
Net Return	£37	£5,014	£8,950	£12,016	£8,663	£34,680
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	7%	12%	16%	12%	47%