	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£55,572	£56,406	£57,252	£58,683	£60,150	£288,062
Total Expenses	£53,407	£53,540	£53,666	£53,851	£54,040	£268,502
Profit Before Tax	£2,165	£2,866	£3,586	£4,832	£6,110	£19,560
Profit After Tax	£1,754	£2,321	£2,905	£3,914	£4,949	£15,843
Change In Property Value	£14	£28,500	£50,873	£67,697	£47,163	£194,248
Net Return	£1,768	£30,821	£53,778	£71,612	£52,112	£210,091
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	10%	14%	10%	41%