	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,396	£30,852	£31,315	£32,098	£32,900	£157,560
Total Expenses	£30,780	£30,875	£30,962	£31,083	£31,205	£154,905
Profit Before Tax	£-384	£-23	£352	£1,015	£1,695	£2,655
Profit After Tax	£-384	£-23	£285	£822	£1,373	£2,073
Change In Property Value	£8	£16,000	£28,560	£38,006	£26,477	£109,051
Net Return	£-376	£15,977	£28,846	£38,828	£27,850	£111,124
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	14%	10%	41%