	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,956	£26,345	£27,004	£27,679	£28,509	£135,494
Total Expenses	£26,502	£26,552	£26,629	£26,707	£26,801	£133,192
Profit Before Tax	£-546	£-207	£375	£972	£1,708	£2,302
Profit After Tax	£-546	£-207	£304	£787	£1,384	£1,722
Change In Property Value	£6	£6	£11,799	£21,062	£28,027	£60,900
Net Return	£-540	£-201	£12,103	£21,849	£29,411	£62,622
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%