	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,896	£26,284	£26,679	£27,346	£28,029	£134,234
Total Expenses	£27,110	£27,199	£27,280	£27,388	£27,499	£136,477
Profit Before Tax	£-1,214	£-915	£-601	£-43	£530	£-2,243
Profit After Tax	£-1,214	£-915	£-601	£-43	£530	£-2,243
Change In Property Value	£10,499	£24,866	£33,089	£38,420	£28,239	£135,113
Net Return	£9,285	£23,951	£32,488	£38,378	£28,769	£132,870
Return From Rental Income (%)	-1%	0%	0%	0%	0%	-1%
Total Net Return (%)	4%	10%	14%	16%	12%	57%