	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,872	£26,260	£26,917	£27,589	£28,417	£135,055
Total Expenses	£25,900	£25,951	£26,027	£26,105	£26,199	£130,182
Profit Before Tax	£-28	£309	£890	£1,484	£2,218	£4,873
Profit After Tax	£-28	£251	£721	£1,202	£1,797	£3,942
Change In Property Value	£6	£6	£11,500	£20,528	£27,317	£59,356
Net Return	£-23	£256	£12,221	£21,730	£29,114	£63,298
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%