	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,724	£21,035	£21,350	£21,884	£22,431	£107,425
Total Expenses	£20,589	£20,632	£20,674	£20,738	£20,803	£103,437
Profit Before Tax	£135	£402	£676	£1,146	£1,628	£3,988
Profit After Tax	£110	£326	£548	£928	£1,319	£3,230
Change In Property Value	£8,399	£19,892	£26,471	£30,736	£22,591	£108,089
Net Return	£8,509	£20,218	£27,019	£31,664	£23,909	£111,319
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	5%	11%	15%	17%	13%	60%