	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,248	£19,537	£20,025	£20,526	£21,142	£100,477
Total Expenses	£19,200	£19,275	£19,366	£19,460	£19,565	£96,865
Profit Before Tax	£48	£262	£659	£1,065	£1,577	£3,612
Profit After Tax	£39	£212	£534	£863	£1,277	£2,926
Change In Property Value	£4	£4	£7,700	£13,745	£18,290	£39,743
Net Return	£43	£216	£8,234	£14,608	£19,568	£42,669
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	7%	12%	16%	35%