	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,372	£21,693	£22,235	£22,791	£23,474	£111,565
Total Expenses	£21,483	£21,526	£21,591	£21,658	£21,737	£107,995
Profit Before Tax	£-111	£166	£644	£1,133	£1,738	£3,569
Profit After Tax	£-111	£135	£521	£918	£1,407	£2,870
Change In Property Value	£5	£5	£9,500	£16,958	£22,566	£49,034
Net Return	£-106	£139	£10,021	£17,875	£23,973	£51,904
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	12%	15%	34%