	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,804	£22,131	£22,463	£23,025	£23,600	£113,023
Total Expenses	£21,716	£21,798	£21,873	£21,971	£22,071	£109,428
Profit Before Tax	£88	£333	£590	£1,054	£1,529	£3,594
Profit After Tax	£71	£269	£478	£854	£1,239	£2,911
Change In Property Value	£5	£10,900	£19,457	£25,891	£18,038	£74,291
Net Return	£77	£11,169	£19,935	£26,745	£19,276	£77,203
Return From Rental Income (%)	0%	0%	0%	0%	1%	2%
Total Net Return (%)	0%	6%	11%	15%	11%	43%