	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,328	£26,723	£27,124	£27,802	£28,497	£136,473
Total Expenses	£26,351	£26,440	£26,522	£26,631	£26,743	£132,687
Profit Before Tax	£-23	£283	£602	£1,171	£1,754	£3,786
Profit After Tax	£-23	£229	£488	£948	£1,420	£3,062
Change In Property Value	£7	£13,500	£24,098	£32,067	£22,340	£92,012
Net Return	£-16	£13,729	£24,586	£33,015	£23,761	£95,074
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	15%	11%	42%