	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,344	£10,499	£10,657	£10,923	£11,196	£53,619
Total Expenses	£10,433	£10,499	£10,555	£10,624	£10,694	£52,804
Profit Before Tax	£-89	£1	£101	£299	£502	£815
Profit After Tax	£-89	£0	£82	£242	£407	£643
Change In Property Value	£2	£4,599	£8,209	£10,924	£7,611	£31,345
Net Return	£-87	£4,600	£8,291	£11,167	£8,017	£31,988
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	7%	12%	16%	11%	46%