	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,192	£24,555	£25,169	£25,798	£26,572	£126,286
Total Expenses	£24,738	£24,786	£24,858	£24,932	£25,020	£124,336
Profit Before Tax	£-546	£-231	£310	£866	£1,552	£1,950
Profit After Tax	£-546	£-231	£251	£701	£1,257	£1,432
Change In Property Value	£5	£5	£10,999	£19,634	£26,127	£56,771
Net Return	£-541	£-226	£11,251	£20,335	£27,384	£58,202
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%