	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,484	£29,926	£30,674	£31,441	£32,385	£153,910
Total Expenses	£30,031	£30,086	£30,172	£30,260	£30,365	£150,913
Profit Before Tax	£-547	£-160	£502	£1,182	£2,020	£2,997
Profit After Tax	£-547	£-160	£407	£957	£1,636	£2,294
Change In Property Value	£7	£7	£13,400	£23,919	£31,830	£69,163
Net Return	£-540	£-153	£13,807	£24,877	£33,466	£71,457
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%