	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,300	£33,799	£34,306	£35,164	£36,043	£172,613
Total Expenses	£33,592	£33,654	£33,715	£33,812	£33,910	£168,683
Profit Before Tax	£-292	£145	£591	£1,353	£2,133	£3,930
Profit After Tax	£-292	£118	£479	£1,096	£1,728	£3,128
Change In Property Value	£9,250	£28,028	£38,491	£45,035	£36,603	£157,406
Net Return	£8,958	£28,145	£38,970	£46,130	£38,331	£160,534
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	3%	9%	12%	15%	12%	51%