	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,100	£35,626	£36,161	£37,065	£37,992	£181,944
Total Expenses	£34,468	£34,570	£34,665	£34,797	£34,932	£173,431
Profit Before Tax	£633	£1,056	£1,496	£2,268	£3,059	£8,513
Profit After Tax	£512	£856	£1,212	£1,837	£2,478	£6,895
Change In Property Value	£9	£18,000	£32,130	£42,756	£29,787	£122,683
Net Return	£521	£18,856	£33,342	£44,593	£32,265	£129,578
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	6%	11%	15%	11%	43%