	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,796	£42,423	£43,059	£44,136	£45,239	£216,653
Total Expenses	£40,072	£40,147	£40,221	£40,339	£40,460	£201,240
Profit Before Tax	£1,724	£2,276	£2,838	£3,796	£4,779	£15,413
Profit After Tax	£1,396	£1,843	£2,299	£3,075	£3,871	£12,485
Change In Property Value	£11	£22,000	£39,270	£52,258	£36,406	£149,945
Net Return	£1,407	£23,843	£41,569	£55,333	£40,277	£162,430
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	14%	11%	42%