	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,752	£44,408	£45,074	£46,201	£47,356	£226,792
Total Expenses	£45,094	£45,172	£45,249	£45,372	£45,498	£226,385
Profit Before Tax	£-1,342	£-764	£-175	£829	£1,858	£407
Profit After Tax	£-1,342	£-764	£-175	£672	£1,505	£-104
Change In Property Value	£13	£25,000	£44,625	£59,384	£41,371	£170,393
Net Return	£-1,329	£24,236	£44,451	£60,055	£42,876	£170,289
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	5%	10%	14%	10%	39%