	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,700	£30,145	£30,899	£31,672	£32,622	£155,038
Total Expenses	£30,251	£30,307	£30,393	£30,481	£30,587	£152,018
Profit Before Tax	£-551	£-161	£506	£1,191	£2,035	£3,020
Profit After Tax	£-551	£-161	£410	£964	£1,648	£2,311
Change In Property Value	£7	£7	£13,500	£24,098	£32,068	£69,679
Net Return	£-544	£-154	£13,910	£25,062	£33,716	£71,990
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	0%	6%	11%	15%	32%