	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,272	£31,741	£32,535	£33,348	£34,348	£163,244
Total Expenses	£31,201	£31,260	£31,350	£31,442	£31,553	£156,806
Profit Before Tax	£71	£481	£1,185	£1,906	£2,796	£6,438
Profit After Tax	£57	£390	£960	£1,544	£2,264	£5,215
Change In Property Value	£7	£7	£13,900	£24,812	£33,018	£71,744
Net Return	£64	£397	£14,860	£26,356	£35,282	£76,959
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%