	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,444	£33,946	£34,455	£35,316	£36,199	£173,360
Total Expenses	£33,658	£33,759	£33,850	£33,978	£34,109	£169,355
Profit Before Tax	£-214	£187	£604	£1,338	£2,090	£4,005
Profit After Tax	£-214	£152	£490	£1,084	£1,693	£3,203
Change In Property Value	£9	£17,600	£31,416	£41,806	£29,125	£119,956
Net Return	£-206	£17,752	£31,906	£42,890	£30,818	£123,159
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	14%	10%	42%