	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,440	£7,589	£7,779	£7,973	£8,172	£38,953
Total Expenses	£7,505	£7,566	£7,628	£7,691	£7,754	£38,144
Profit Before Tax	£-65	£23	£151	£282	£419	£809
Profit After Tax	£-65	£19	£122	£228	£339	£643
Change In Property Value	£3,600	£3,708	£6,365	£8,020	£8,502	£30,195
Net Return	£3,535	£3,727	£6,487	£8,249	£8,841	£30,838
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	10%	10%	18%	22%	24%	83%