	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,120	£21,437	£21,973	£22,522	£23,198	£110,249
Total Expenses	£21,656	£21,699	£21,764	£21,829	£21,908	£108,856
Profit Before Tax	£-536	£-262	£209	£693	£1,290	£1,394
Profit After Tax	£-536	£-262	£169	£561	£1,045	£977
Change In Property Value	£5	£5	£9,600	£17,136	£22,804	£49,550
Net Return	£-531	£-258	£9,770	£17,697	£23,849	£50,527
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%