	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,872	£44,530	£45,643	£46,784	£48,188	£229,018
Total Expenses	£45,070	£45,182	£45,336	£45,494	£45,677	£226,761
Profit Before Tax	£-1,198	£-652	£307	£1,290	£2,511	£2,257
Profit After Tax	£-1,198	£-652	£307	£1,045	£2,034	£1,535
Change In Property Value	£10	£10	£19,500	£34,808	£46,320	£100,648
Net Return	£-1,189	£-642	£19,807	£35,853	£48,353	£102,183
Return From Rental Income (%)	0%	0%	0%	0%	1%	0%
Total Net Return (%)	0%	0%	6%	11%	15%	31%