	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,320	£31,790	£32,267	£33,073	£33,900	£162,350
Total Expenses	£32,429	£32,488	£32,546	£32,637	£32,731	£162,830
Profit Before Tax	£-1,109	£-698	£-279	£436	£1,170	£-481
Profit After Tax	£-1,109	£-698	£-279	£436	£947	£-703
Change In Property Value	£9	£17,900	£31,952	£42,519	£29,621	£122,001
Net Return	£-1,100	£17,202	£31,672	£42,955	£30,569	£121,298
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	10%	14%	10%	40%