	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,596	£19,890	£20,387	£20,897	£21,524	£102,294
Total Expenses	£19,830	£19,905	£19,998	£20,093	£20,198	£100,023
Profit Before Tax	£-234	£-15	£390	£804	£1,326	£2,271
Profit After Tax	£-234	£-15	£316	£652	£1,074	£1,792
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£-230	£-11	£8,316	£14,932	£20,077	£43,084
Return From Rental Income (%)	0%	0%	0%	1%	1%	1%
Total Net Return (%)	0%	0%	6%	12%	16%	34%