	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,096	£12,277	£12,462	£12,773	£13,092	£62,701
Total Expenses	£12,056	£12,124	£12,184	£12,257	£12,331	£60,952
Profit Before Tax	£40	£153	£278	£516	£761	£1,749
Profit After Tax	£32	£124	£225	£418	£617	£1,416
Change In Property Value	£3	£5,499	£9,816	£13,062	£9,100	£37,480
Net Return	£35	£5,623	£10,041	£13,480	£9,716	£38,896
Return From Rental Income (%)	0%	0%	0%	0%	1%	2%
Total Net Return (%)	0%	7%	12%	16%	11%	46%