	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,796	£33,288	£33,787	£34,632	£35,498	£170,001
Total Expenses	£31,663	£31,762	£31,853	£31,980	£32,109	£159,367
Profit Before Tax	£1,133	£1,526	£1,934	£2,652	£3,389	£10,634
Profit After Tax	£918	£1,236	£1,567	£2,148	£2,745	£8,614
Change In Property Value	£8	£16,400	£29,274	£38,956	£27,139	£111,778
Net Return	£926	£17,636	£30,841	£41,104	£29,884	£120,391
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	15%	11%	44%