	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,372	£18,648	£19,114	£19,592	£20,179	£95,904
Total Expenses	£18,715	£18,789	£18,878	£18,970	£19,072	£94,424
Profit Before Tax	£-343	£-141	£235	£621	£1,108	£1,480
Profit After Tax	£-343	£-141	£191	£503	£897	£1,107
Change In Property Value	£4	£4	£7,500	£13,388	£17,815	£38,711
Net Return	£-340	£-138	£7,691	£13,891	£18,713	£39,817
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	12%	16%	33%