	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,456	£21,778	£22,105	£22,657	£23,224	£111,219
Total Expenses	£21,842	£21,924	£21,998	£22,095	£22,194	£110,052
Profit Before Tax	£-386	£-146	£107	£562	£1,029	£1,167
Profit After Tax	£-386	£-146	£87	£455	£834	£844
Change In Property Value	£6	£11,000	£19,635	£26,129	£18,203	£74,973
Net Return	£-380	£10,854	£19,722	£26,584	£19,037	£75,817
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	11%	15%	11%	42%