	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,928	£42,557	£43,195	£44,275	£45,382	£217,337
Total Expenses	£40,781	£40,894	£40,999	£41,148	£41,302	£205,124
Profit Before Tax	£1,147	£1,663	£2,197	£3,127	£4,080	£12,214
Profit After Tax	£929	£1,347	£1,779	£2,533	£3,305	£9,893
Change In Property Value	£11	£21,500	£38,378	£51,070	£35,579	£146,538
Net Return	£940	£22,847	£40,157	£53,603	£38,884	£156,431
Return From Rental Income (%)	0%	0%	0%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	14%	10%	42%