	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£49,404	£50,145	£50,897	£52,170	£53,474	£256,090
Total Expenses	£47,268	£47,355	£47,440	£47,578	£47,719	£237,359
Profit Before Tax	£2,136	£2,791	£3,457	£4,592	£5,755	£18,731
Profit After Tax	£1,730	£2,260	£2,800	£3,720	£4,662	£15,172
Change In Property Value	£13	£26,000	£46,410	£61,759	£43,025	£177,208
Net Return	£1,743	£28,261	£49,211	£65,479	£47,687	£192,380
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	14%	10%	42%