	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,604	£27,003	£27,408	£28,093	£28,796	£137,904
Total Expenses	£27,183	£27,273	£27,354	£27,465	£27,578	£136,852
Profit Before Tax	£-579	£-270	£54	£629	£1,218	£1,052
Profit After Tax	£-579	£-270	£54	£509	£987	£701
Change In Property Value	£7	£14,000	£24,990	£33,255	£23,168	£95,420
Net Return	£-572	£13,730	£25,044	£33,764	£24,154	£96,121
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	11%	14%	10%	41%