	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,016	£23,361	£23,712	£24,304	£24,912	£119,305
Total Expenses	£23,285	£23,369	£23,445	£23,547	£23,650	£117,296
Profit Before Tax	£-269	£-8	£266	£758	£1,262	£2,009
Profit After Tax	£-269	£-8	£216	£614	£1,022	£1,575
Change In Property Value	£6	£11,800	£21,063	£28,029	£19,527	£80,425
Net Return	£-263	£11,792	£21,279	£28,643	£20,549	£82,000
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	42%