	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,996	£22,326	£22,661	£23,227	£23,808	£114,018
Total Expenses	£21,896	£21,979	£22,053	£22,152	£22,253	£110,332
Profit Before Tax	£100	£347	£607	£1,076	£1,556	£3,686
Profit After Tax	£81	£281	£492	£871	£1,260	£2,985
Change In Property Value	£6	£11,000	£19,635	£26,129	£18,203	£74,973
Net Return	£87	£11,281	£20,127	£27,000	£19,463	£77,958
Return From Rental Income (%)	0%	0%	0%	0%	1%	2%
Total Net Return (%)	0%	6%	11%	15%	11%	43%