	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,396	£36,942	£37,496	£38,433	£39,394	£188,662
Total Expenses	£34,919	£35,023	£35,120	£35,255	£35,394	£175,712
Profit Before Tax	£1,477	£1,918	£2,376	£3,178	£4,000	£12,950
Profit After Tax	£1,196	£1,554	£1,925	£2,574	£3,240	£10,490
Change In Property Value	£9	£18,200	£32,487	£43,231	£30,118	£124,046
Net Return	£1,206	£19,754	£34,412	£45,806	£33,358	£134,535
Return From Rental Income (%)	0%	1%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	15%	11%	44%