	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,456	£24,823	£25,195	£25,825	£26,471	£126,770
Total Expenses	£24,619	£24,706	£24,784	£24,889	£24,996	£123,995
Profit Before Tax	£-163	£117	£411	£936	£1,474	£2,775
Profit After Tax	£-163	£95	£333	£758	£1,194	£2,217
Change In Property Value	£6	£12,540	£22,384	£29,787	£20,752	£85,469
Net Return	£-157	£12,635	£22,717	£30,545	£21,946	£87,686
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	42%