	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,116	£43,763	£44,857	£45,978	£47,358	£225,071
Total Expenses	£43,693	£43,769	£43,889	£44,013	£44,161	£219,525
Profit Before Tax	£-577	£-7	£967	£1,966	£3,196	£5,546
Profit After Tax	£-577	£-7	£784	£1,592	£2,589	£4,381
Change In Property Value	£10	£10	£19,600	£34,987	£46,557	£101,164
Net Return	£-567	£3	£20,384	£36,579	£49,146	£105,545
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%