	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,800	£20,097	£20,599	£21,114	£21,748	£103,359
Total Expenses	£19,937	£19,978	£20,039	£20,102	£20,176	£100,232
Profit Before Tax	£-137	£119	£560	£1,013	£1,572	£3,127
Profit After Tax	£-137	£96	£454	£820	£1,273	£2,507
Change In Property Value	£4	£4	£8,800	£15,708	£20,903	£45,421
Net Return	£-133	£101	£9,254	£16,529	£22,177	£47,927
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	12%	16%	34%