	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,304	£32,789	£33,280	£34,112	£34,965	£167,451
Total Expenses	£31,079	£31,140	£31,200	£31,293	£31,389	£156,101
Profit Before Tax	£1,225	£1,648	£2,081	£2,819	£3,576	£11,349
Profit After Tax	£992	£1,335	£1,685	£2,284	£2,897	£9,193
Change In Property Value	£9	£17,000	£30,345	£40,381	£28,132	£115,867
Net Return	£1,001	£18,335	£32,031	£42,664	£31,029	£125,060
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	15%	11%	44%