	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,440	£22,777	£23,346	£23,930	£24,648	£117,140
Total Expenses	£22,978	£23,023	£23,091	£23,160	£23,243	£115,496
Profit Before Tax	£-538	£-247	£255	£769	£1,405	£1,644
Profit After Tax	£-538	£-247	£206	£623	£1,138	£1,182
Change In Property Value	£5	£5	£10,200	£18,207	£24,229	£52,647
Net Return	£-533	£-242	£10,407	£18,830	£25,367	£53,829
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%