	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£53,748	£54,554	£55,918	£57,316	£59,036	£280,572
Total Expenses	£55,469	£55,561	£55,708	£55,859	£56,041	£278,637
Profit Before Tax	£-1,721	£-1,006	£210	£1,457	£2,994	£1,935
Profit After Tax	£-1,721	£-1,006	£210	£1,181	£2,425	£1,089
Change In Property Value	£31,250	£32,031	£59,098	£75,481	£86,872	£284,731
Net Return	£29,529	£31,025	£59,308	£76,661	£89,297	£285,821
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	7%	7%	13%	17%	20%	65%