	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,036	£12,217	£12,400	£12,710	£13,028	£62,390
Total Expenses	£12,213	£12,281	£12,340	£12,413	£12,487	£61,733
Profit Before Tax	£-177	£-64	£60	£297	£540	£656
Profit After Tax	£-177	£-64	£48	£241	£438	£486
Change In Property Value	£3	£5,600	£9,996	£13,302	£9,267	£38,168
Net Return	£-174	£5,536	£10,045	£13,543	£9,705	£38,654
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	12%	16%	11%	45%