	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,404	£31,875	£32,353	£33,162	£33,991	£162,785
Total Expenses	£30,398	£30,495	£30,584	£30,706	£30,832	£153,015
Profit Before Tax	£1,006	£1,380	£1,769	£2,456	£3,159	£9,771
Profit After Tax	£815	£1,118	£1,433	£1,989	£2,559	£7,914
Change In Property Value	£7,850	£23,786	£32,665	£38,219	£31,063	£133,583
Net Return	£8,665	£24,903	£34,099	£40,208	£33,622	£141,497
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	3%	9%	13%	15%	13%	54%