	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,200	£22,533	£23,096	£23,674	£24,384	£115,887
Total Expenses	£22,466	£22,545	£22,645	£22,746	£22,860	£113,262
Profit Before Tax	£-266	£-12	£452	£927	£1,524	£2,625
Profit After Tax	£-266	£-12	£366	£751	£1,234	£2,073
Change In Property Value	£13,797	£14,211	£26,834	£30,884	£32,737	£118,462
Net Return	£13,531	£14,198	£27,200	£31,635	£33,971	£120,535
Return From Rental Income (%)	0%	0%	0%	1%	1%	1%
Total Net Return (%)	9%	9%	18%	21%	23%	81%