	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,500	£19,792	£20,287	£20,794	£21,418	£101,793
Total Expenses	£19,423	£19,498	£19,591	£19,685	£19,791	£97,989
Profit Before Tax	£77	£294	£696	£1,109	£1,628	£3,804
Profit After Tax	£62	£238	£564	£898	£1,319	£3,081
Change In Property Value	£3,900	£3,939	£11,935	£16,391	£19,177	£55,342
Net Return	£3,962	£4,177	£12,499	£17,289	£20,496	£58,424
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	3%	3%	10%	14%	16%	47%