	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,256	£29,695	£30,437	£31,198	£32,134	£152,720
Total Expenses	£29,214	£29,270	£29,355	£29,442	£29,546	£146,827
Profit Before Tax	£42	£425	£1,082	£1,756	£2,588	£5,894
Profit After Tax	£34	£344	£877	£1,423	£2,096	£4,774
Change In Property Value	£7	£7	£13,000	£23,205	£30,880	£67,099
Net Return	£40	£351	£13,877	£24,628	£32,976	£71,872
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%