	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,944	£23,288	£23,637	£24,228	£24,834	£118,932
Total Expenses	£22,743	£22,790	£22,835	£22,905	£22,976	£114,248
Profit Before Tax	£201	£498	£802	£1,324	£1,858	£4,684
Profit After Tax	£163	£404	£650	£1,072	£1,505	£3,794
Change In Property Value	£9,300	£22,026	£29,310	£34,032	£25,013	£119,680
Net Return	£9,463	£22,429	£29,960	£35,104	£26,519	£123,474
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	5%	11%	15%	17%	13%	60%