	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,004	£23,349	£23,699	£24,292	£24,899	£119,243
Total Expenses	£22,801	£22,886	£22,962	£23,063	£23,166	£114,877
Profit Before Tax	£203	£464	£738	£1,229	£1,733	£4,366
Profit After Tax	£164	£375	£598	£996	£1,404	£3,537
Change In Property Value	£5,750	£17,423	£23,927	£27,994	£22,753	£97,847
Net Return	£5,914	£17,798	£24,524	£28,990	£24,157	£101,384
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	3%	9%	13%	15%	13%	53%