	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,084	£24,445	£24,812	£25,432	£26,068	£124,841
Total Expenses	£23,778	£23,864	£23,942	£24,045	£24,152	£119,780
Profit Before Tax	£306	£581	£870	£1,387	£1,916	£5,061
Profit After Tax	£248	£471	£705	£1,123	£1,552	£4,100
Change In Property Value	£6	£12,040	£21,492	£28,599	£19,924	£82,061
Net Return	£254	£12,511	£22,197	£29,723	£21,476	£86,161
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	6%	11%	15%	11%	43%