	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£13,109	£13,436	£13,840	£65,774
Total Expenses	£12,869	£12,899	£12,942	£12,986	£13,037	£64,733
Profit Before Tax	£-269	£-110	£167	£451	£803	£1,041
Profit After Tax	£-269	£-110	£135	£365	£650	£771
Change In Property Value	£3	£3	£5,600	£9,996	£13,302	£28,904
Net Return	£-266	£-108	£5,735	£10,361	£13,952	£29,675
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	7%	12%	16%	34%