	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,820	£21,132	£21,661	£22,202	£22,868	£108,683
Total Expenses	£20,944	£21,021	£21,117	£21,215	£21,324	£105,621
Profit Before Tax	£-124	£111	£544	£987	£1,544	£3,062
Profit After Tax	£-124	£90	£440	£800	£1,251	£2,457
Change In Property Value	£4	£4	£8,500	£15,173	£20,191	£43,872
Net Return	£-120	£94	£8,941	£15,972	£21,441	£46,329
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	7%	12%	16%	34%