	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,804	£28,221	£28,644	£29,360	£30,094	£144,124
Total Expenses	£27,142	£27,234	£27,317	£27,431	£27,547	£136,670
Profit Before Tax	£662	£987	£1,327	£1,930	£2,548	£7,455
Profit After Tax	£536	£800	£1,075	£1,563	£2,064	£6,038
Change In Property Value	£7	£13,900	£24,812	£33,017	£23,002	£94,738
Net Return	£543	£14,700	£25,887	£34,581	£25,066	£100,776
Return From Rental Income (%)	0%	0%	0%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	15%	11%	43%