	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,444	£21,766	£22,092	£22,644	£23,211	£111,157
Total Expenses	£21,839	£21,921	£21,995	£22,092	£22,191	£110,038
Profit Before Tax	£-395	£-156	£97	£553	£1,019	£1,119
Profit After Tax	£-395	£-156	£79	£448	£826	£801
Change In Property Value	£5	£10,999	£19,633	£26,126	£18,201	£74,966
Net Return	£-390	£10,844	£19,712	£26,574	£19,027	£75,767
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	11%	15%	11%	42%