	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,572	£29,001	£29,726	£30,469	£31,383	£149,150
Total Expenses	£28,551	£28,605	£28,688	£28,774	£28,876	£143,494
Profit Before Tax	£21	£395	£1,037	£1,695	£2,507	£5,656
Profit After Tax	£17	£320	£840	£1,373	£2,031	£4,581
Change In Property Value	£6	£6	£12,700	£22,670	£30,167	£65,550
Net Return	£24	£327	£13,540	£24,043	£32,198	£70,131
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%