	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,600	£21,924	£22,472	£23,034	£23,725	£112,755
Total Expenses	£21,704	£21,748	£21,813	£21,881	£21,960	£109,106
Profit Before Tax	£-104	£176	£659	£1,153	£1,765	£3,649
Profit After Tax	£-104	£143	£534	£934	£1,429	£2,936
Change In Property Value	£9,600	£9,792	£19,976	£25,968	£27,267	£92,603
Net Return	£9,496	£9,935	£20,509	£26,903	£28,696	£95,538
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	6%	6%	13%	17%	18%	61%