	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,996	£22,326	£22,884	£23,456	£24,160	£114,822
Total Expenses	£22,535	£22,580	£22,646	£22,714	£22,795	£113,271
Profit Before Tax	£-539	£-254	£238	£742	£1,365	£1,551
Profit After Tax	£-539	£-254	£193	£601	£1,105	£1,106
Change In Property Value	£5	£5	£9,999	£17,849	£23,751	£51,609
Net Return	£-534	£-249	£10,192	£18,449	£24,857	£52,715
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%