	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,960	£25,334	£25,714	£26,357	£27,016	£129,382
Total Expenses	£25,088	£25,175	£25,254	£25,361	£25,469	£126,348
Profit Before Tax	£-128	£159	£460	£997	£1,547	£3,035
Profit After Tax	£-128	£129	£373	£807	£1,253	£2,434
Change In Property Value	£6	£12,800	£22,848	£30,404	£21,182	£87,241
Net Return	£-122	£12,929	£23,221	£31,212	£22,435	£89,675
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	42%