	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,000	£36,540	£37,453	£38,390	£39,542	£187,925
Total Expenses	£35,840	£35,906	£36,008	£36,112	£36,238	£180,103
Profit Before Tax	£160	£634	£1,446	£2,278	£3,304	£7,822
Profit After Tax	£130	£514	£1,171	£1,845	£2,676	£6,335
Change In Property Value	£20,000	£20,500	£37,823	£48,308	£55,598	£182,228
Net Return	£20,130	£21,014	£38,994	£50,153	£58,274	£188,564
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	7%	8%	15%	19%	22%	70%