	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,496	£14,713	£14,934	£15,307	£15,690	£75,141
Total Expenses	£14,550	£14,622	£14,685	£14,764	£14,845	£73,465
Profit Before Tax	£-54	£92	£249	£544	£845	£1,676
Profit After Tax	£-54	£74	£202	£440	£685	£1,347
Change In Property Value	£3	£6,900	£12,317	£16,390	£11,418	£47,028
Net Return	£-51	£6,974	£12,519	£16,830	£12,103	£48,376
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	44%