	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,308	£28,733	£29,164	£29,893	£30,640	£146,737
Total Expenses	£28,801	£28,894	£28,978	£29,092	£29,210	£144,975
Profit Before Tax	£-493	£-161	£186	£800	£1,430	£1,762
Profit After Tax	£-493	£-161	£151	£648	£1,158	£1,303
Change In Property Value	£7	£14,900	£26,597	£35,393	£24,657	£101,554
Net Return	£-486	£14,739	£26,747	£36,041	£25,815	£102,857
Return From Rental Income (%)	0%	0%	0%	0%	0%	1%
Total Net Return (%)	0%	6%	11%	14%	10%	41%