	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,640	£27,040	£27,445	£28,131	£28,835	£138,091
Total Expenses	£26,330	£26,382	£26,433	£26,512	£26,593	£132,251
Profit Before Tax	£310	£657	£1,012	£1,619	£2,241	£5,839
Profit After Tax	£251	£532	£820	£1,311	£1,815	£4,730
Change In Property Value	£7	£14,400	£25,704	£34,205	£23,829	£98,146
Net Return	£258	£14,932	£26,524	£35,516	£25,645	£102,876
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	6%	11%	15%	11%	43%