	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,996	£34,506	£35,024	£35,899	£36,797	£176,221
Total Expenses	£32,748	£32,849	£32,942	£33,071	£33,204	£164,815
Profit Before Tax	£1,248	£1,657	£2,081	£2,828	£3,593	£11,406
Profit After Tax	£1,011	£1,342	£1,686	£2,290	£2,910	£9,239
Change In Property Value	£9	£17,000	£30,345	£40,381	£28,132	£115,867
Net Return	£1,019	£18,342	£32,031	£42,671	£31,042	£125,106
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	15%	11%	44%