	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,400	£42,021	£43,072	£44,148	£45,473	£216,114
Total Expenses	£42,641	£42,749	£42,897	£43,049	£43,224	£214,560
Profit Before Tax	£-1,241	£-728	£174	£1,100	£2,249	£1,554
Profit After Tax	£-1,241	£-728	£174	£891	£1,822	£918
Change In Property Value	£9	£9	£18,400	£32,845	£43,707	£94,970
Net Return	£-1,232	£-719	£18,575	£33,735	£45,529	£95,888
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	0%	0%	6%	11%	15%	31%