	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,384	£39,975	£40,974	£41,998	£43,258	£205,590
Total Expenses	£39,948	£40,018	£40,129	£40,242	£40,379	£200,715
Profit Before Tax	£-564	£-43	£845	£1,756	£2,880	£4,874
Profit After Tax	£-564	£-43	£685	£1,423	£2,332	£3,833
Change In Property Value	£9	£9	£17,900	£31,952	£42,519	£92,390
Net Return	£-555	£-34	£18,585	£33,375	£44,852	£96,223
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%