	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,984	£13,179	£13,376	£13,711	£14,054	£67,304
Total Expenses	£12,790	£12,860	£12,920	£12,996	£13,072	£64,638
Profit Before Tax	£194	£319	£456	£715	£981	£2,666
Profit After Tax	£157	£259	£369	£579	£795	£2,159
Change In Property Value	£3	£5,900	£10,532	£14,015	£9,763	£40,213
Net Return	£160	£6,159	£10,901	£14,594	£10,558	£42,372
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	7%	12%	16%	12%	46%