	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,152	£25,529	£25,912	£26,560	£27,224	£130,378
Total Expenses	£25,268	£25,356	£25,435	£25,542	£25,651	£127,251
Profit Before Tax	£-116	£173	£477	£1,018	£1,573	£3,126
Profit After Tax	£-116	£141	£386	£825	£1,274	£2,510
Change In Property Value	£6	£12,900	£23,027	£30,642	£21,347	£87,923
Net Return	£-110	£13,041	£23,413	£31,467	£22,622	£90,433
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	42%