	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£51,600	£52,374	£53,683	£55,025	£56,676	£269,359
Total Expenses	£53,270	£53,359	£53,501	£53,646	£53,821	£267,597
Profit Before Tax	£-1,670	£-985	£183	£1,380	£2,855	£1,762
Profit After Tax	£-1,670	£-985	£183	£1,118	£2,312	£958
Change In Property Value	£30,000	£30,750	£56,734	£72,462	£83,397	£273,342
Net Return	£28,330	£29,765	£56,917	£73,579	£85,709	£274,300
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	7%	7%	13%	17%	20%	65%