	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,776	£20,073	£20,574	£21,089	£21,721	£103,233
Total Expenses	£19,915	£19,956	£20,017	£20,079	£20,153	£100,120
Profit Before Tax	£-139	£117	£558	£1,010	£1,568	£3,113
Profit After Tax	£-139	£95	£452	£818	£1,270	£2,496
Change In Property Value	£4	£4	£8,790	£15,690	£20,880	£45,369
Net Return	£-134	£99	£9,242	£16,508	£22,150	£47,864
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	12%	16%	34%