	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,128	£10,280	£10,434	£10,695	£10,962	£52,499
Total Expenses	£10,252	£10,317	£10,374	£10,442	£10,511	£51,896
Profit Before Tax	£-124	£-37	£60	£253	£451	£603
Profit After Tax	£-124	£-37	£49	£205	£366	£458
Change In Property Value	£2	£4,500	£8,033	£10,689	£7,447	£30,671
Net Return	£-122	£4,463	£8,081	£10,894	£7,812	£31,129
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	7%	12%	16%	11%	45%