	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,628	£33,117	£33,945	£34,794	£35,838	£170,323
Total Expenses	£32,527	£32,588	£32,681	£32,777	£32,892	£163,465
Profit Before Tax	£101	£530	£1,264	£2,017	£2,946	£6,858
Profit After Tax	£82	£429	£1,024	£1,634	£2,386	£5,555
Change In Property Value	£18,125	£18,578	£34,277	£43,779	£50,386	£165,144
Net Return	£18,207	£19,007	£35,301	£45,413	£52,772	£170,699
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	8%	8%	15%	19%	22%	70%