	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,372	£24,738	£25,109	£25,736	£26,380	£126,334
Total Expenses	£24,547	£24,633	£24,711	£24,816	£24,923	£123,630
Profit Before Tax	£-175	£104	£397	£921	£1,457	£2,705
Profit After Tax	£-175	£85	£322	£746	£1,180	£2,158
Change In Property Value	£6	£12,500	£22,313	£29,692	£20,685	£85,196
Net Return	£-168	£12,585	£22,635	£30,437	£21,865	£87,354
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	42%