	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,096	£36,637	£37,187	£38,117	£39,070	£187,107
Total Expenses	£36,176	£36,280	£36,376	£36,511	£36,649	£181,991
Profit Before Tax	£-80	£357	£811	£1,606	£2,421	£5,115
Profit After Tax	£-80	£290	£657	£1,301	£1,961	£4,128
Change In Property Value	£10	£19,000	£33,915	£45,132	£31,442	£129,498
Net Return	£-70	£19,290	£34,572	£46,432	£33,403	£133,627
Return From Rental Income (%)	0%	0%	0%	0%	1%	1%
Total Net Return (%)	0%	6%	11%	14%	10%	41%