	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£56,256	£57,100	£58,527	£59,991	£61,790	£293,664
Total Expenses	£57,219	£57,350	£57,535	£57,726	£57,948	£287,778
Profit Before Tax	£-963	£-250	£992	£2,265	£3,842	£5,886
Profit After Tax	£-963	£-250	£803	£1,835	£3,112	£4,537
Change In Property Value	£13	£13	£25,001	£44,626	£59,384	£129,036
Net Return	£-951	£-237	£25,804	£46,460	£62,496	£133,572
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	14%	30%