	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,900	£25,274	£25,653	£26,294	£26,951	£129,071
Total Expenses	£24,519	£24,606	£24,685	£24,791	£24,900	£123,501
Profit Before Tax	£381	£667	£967	£1,503	£2,052	£5,570
Profit After Tax	£309	£540	£784	£1,217	£1,662	£4,512
Change In Property Value	£6	£12,450	£22,223	£29,573	£20,603	£84,856
Net Return	£315	£12,991	£23,007	£30,790	£22,264	£89,367
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	6%	11%	15%	11%	43%