	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,400	£32,886	£33,379	£34,214	£35,069	£167,948
Total Expenses	£32,698	£32,759	£32,818	£32,912	£33,008	£164,195
Profit Before Tax	£-298	£127	£561	£1,302	£2,061	£3,754
Profit After Tax	£-298	£103	£454	£1,054	£1,669	£2,984
Change In Property Value	£13,500	£31,973	£42,546	£49,401	£36,310	£173,729
Net Return	£13,203	£32,076	£43,001	£50,455	£37,979	£176,713
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	4%	11%	14%	17%	13%	58%