	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,196	£20,499	£21,011	£21,537	£22,183	£105,426
Total Expenses	£20,730	£20,772	£20,834	£20,898	£20,973	£104,208
Profit Before Tax	£-534	£-273	£177	£639	£1,210	£1,218
Profit After Tax	£-534	£-273	£144	£518	£980	£833
Change In Property Value	£5	£5	£9,180	£16,387	£21,806	£47,382
Net Return	£-530	£-269	£9,324	£16,904	£22,786	£48,215
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%