	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£45,048	£45,724	£46,410	£47,570	£48,759	£233,510
Total Expenses	£43,667	£43,784	£43,894	£44,052	£44,214	£219,611
Profit Before Tax	£1,381	£1,939	£2,515	£3,518	£4,546	£13,899
Profit After Tax	£1,119	£1,571	£2,038	£2,849	£3,682	£11,258
Change In Property Value	£12	£23,100	£41,234	£54,871	£38,226	£157,443
Net Return	£1,130	£24,671	£43,271	£57,720	£41,908	£168,701
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	14%	10%	42%