	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,380	£25,761	£26,147	£26,801	£27,471	£131,559
Total Expenses	£26,365	£26,415	£26,464	£26,540	£26,618	£132,403
Profit Before Tax	£-985	£-655	£-317	£261	£853	£-843
Profit After Tax	£-985	£-655	£-317	£261	£691	£-1,005
Change In Property Value	£7,250	£21,968	£30,169	£35,297	£28,689	£123,373
Net Return	£6,265	£21,313	£29,851	£35,558	£29,380	£122,367
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	3%	9%	12%	15%	12%	51%