	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,000	£21,315	£21,635	£22,176	£22,730	£108,855
Total Expenses	£20,992	£21,073	£21,146	£21,242	£21,340	£105,794
Profit Before Tax	£8	£242	£488	£933	£1,390	£3,061
Profit After Tax	£7	£196	£396	£756	£1,126	£2,479
Change In Property Value	£5	£10,500	£18,743	£24,941	£17,376	£71,565
Net Return	£12	£10,696	£19,138	£25,697	£18,501	£74,044
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	43%