	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,600	£40,194	£40,797	£41,817	£42,862	£205,270
Total Expenses	£39,853	£39,924	£39,995	£40,107	£40,223	£200,102
Profit Before Tax	£-253	£270	£802	£1,709	£2,640	£5,168
Profit After Tax	£-253	£218	£650	£1,385	£2,138	£4,138
Change In Property Value	£11,000	£33,330	£45,773	£53,555	£43,528	£187,186
Net Return	£10,748	£33,548	£46,423	£54,939	£45,666	£191,324
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	3%	9%	12%	14%	12%	50%