	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,116	£16,358	£16,767	£17,186	£17,701	£84,128
Total Expenses	£15,909	£15,979	£16,063	£16,149	£16,243	£80,342
Profit Before Tax	£207	£379	£704	£1,037	£1,459	£3,785
Profit After Tax	£168	£307	£570	£840	£1,181	£3,066
Change In Property Value	£3	£3	£6,199	£11,065	£14,725	£31,996
Net Return	£171	£310	£6,769	£11,906	£15,906	£35,062
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	0%	7%	12%	16%	36%