	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,100	£26,492	£27,154	£27,833	£28,668	£136,246
Total Expenses	£26,122	£26,172	£26,249	£26,328	£26,422	£131,293
Profit Before Tax	£-22	£319	£905	£1,505	£2,245	£4,953
Profit After Tax	£-22	£259	£733	£1,219	£1,819	£4,008
Change In Property Value	£6	£6	£11,600	£20,706	£27,554	£59,873
Net Return	£-16	£264	£12,333	£21,925	£29,373	£63,880
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%