	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,004	£20,304	£20,812	£21,332	£21,972	£104,424
Total Expenses	£19,870	£19,946	£20,040	£20,136	£20,243	£100,236
Profit Before Tax	£134	£358	£772	£1,196	£1,729	£4,188
Profit After Tax	£108	£290	£625	£969	£1,401	£3,392
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£112	£294	£8,625	£15,249	£20,404	£44,684
Return From Rental Income (%)	0%	0%	0%	1%	1%	3%
Total Net Return (%)	0%	0%	7%	12%	16%	35%