	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,164	£28,586	£29,301	£30,034	£30,935	£147,020
Total Expenses	£28,708	£28,762	£28,844	£28,929	£29,029	£144,273
Profit Before Tax	£-544	£-176	£457	£1,105	£1,905	£2,747
Profit After Tax	£-544	£-176	£370	£895	£1,543	£2,088
Change In Property Value	£6	£6	£12,800	£22,848	£30,405	£66,066
Net Return	£-538	£-169	£13,170	£23,744	£31,948	£68,155
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%