	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,004	£29,439	£29,881	£30,628	£31,393	£150,345
Total Expenses	£28,227	£28,321	£28,406	£28,522	£28,642	£142,118
Profit Before Tax	£777	£1,118	£1,475	£2,105	£2,752	£8,227
Profit After Tax	£629	£906	£1,195	£1,705	£2,229	£6,664
Change In Property Value	£7	£14,500	£25,883	£34,443	£23,995	£98,828
Net Return	£636	£15,406	£27,077	£36,148	£26,224	£105,491
Return From Rental Income (%)	0%	0%	0%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	15%	11%	44%