	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,168	£9,306	£9,445	£9,681	£9,923	£47,523
Total Expenses	£8,978	£9,004	£9,028	£9,062	£9,097	£45,170
Profit Before Tax	£190	£301	£417	£619	£826	£2,353
Profit After Tax	£154	£244	£338	£501	£669	£1,906
Change In Property Value	£4,700	£9,588	£12,464	£13,088	£9,619	£49,459
Net Return	£4,854	£9,832	£12,802	£13,589	£10,288	£51,365
Return From Rental Income (%)	0%	0%	0%	1%	1%	3%
Total Net Return (%)	7%	14%	18%	19%	14%	72%