	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,988	£24,348	£24,713	£25,331	£25,964	£124,344
Total Expenses	£24,186	£24,272	£24,350	£24,454	£24,560	£121,822
Profit Before Tax	£-198	£75	£363	£877	£1,405	£2,522
Profit After Tax	£-198	£61	£294	£711	£1,138	£2,005
Change In Property Value	£6	£12,300	£21,956	£29,217	£20,354	£83,833
Net Return	£-192	£12,361	£22,250	£29,927	£21,492	£85,838
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	42%