	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,928	£21,242	£21,773	£22,317	£22,987	£109,247
Total Expenses	£21,042	£21,085	£21,148	£21,214	£21,291	£105,780
Profit Before Tax	£-114	£157	£625	£1,103	£1,695	£3,467
Profit After Tax	£-114	£127	£506	£894	£1,373	£2,787
Change In Property Value	£5	£5	£9,300	£16,601	£22,091	£48,001
Net Return	£-109	£132	£9,806	£17,495	£23,464	£50,788
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	12%	16%	34%