	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,816	£34,323	£34,838	£35,709	£36,602	£175,288
Total Expenses	£34,017	£34,118	£34,211	£34,339	£34,471	£171,157
Profit Before Tax	£-201	£205	£628	£1,370	£2,130	£4,131
Profit After Tax	£-201	£166	£508	£1,109	£1,726	£3,308
Change In Property Value	£9	£17,800	£31,773	£42,281	£29,456	£121,320
Net Return	£-192	£17,966	£32,282	£43,391	£31,181	£124,628
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	14%	10%	42%