	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,004	£11,169	£11,337	£11,620	£11,911	£57,040
Total Expenses	£11,144	£11,211	£11,268	£11,339	£11,410	£56,372
Profit Before Tax	£-140	£-42	£68	£281	£500	£668
Profit After Tax	£-140	£-42	£55	£228	£405	£507
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£-138	£4,958	£8,980	£12,105	£8,679	£34,585
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	7%	12%	16%	11%	46%