	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,972	£10,122	£10,375	£10,634	£10,953	£52,055
Total Expenses	£9,940	£10,001	£10,070	£10,139	£10,214	£50,364
Profit Before Tax	£32	£120	£305	£495	£739	£1,691
Profit After Tax	£26	£97	£247	£401	£599	£1,370
Change In Property Value	£2	£2	£3,500	£6,248	£8,314	£18,065
Net Return	£27	£99	£3,747	£6,648	£8,912	£19,435
Return From Rental Income (%)	0%	0%	0%	1%	1%	3%
Total Net Return (%)	0%	0%	7%	12%	17%	36%