	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,100	£35,626	£36,517	£37,430	£38,553	£183,227
Total Expenses	£34,957	£35,021	£35,120	£35,223	£35,346	£175,666
Profit Before Tax	£144	£606	£1,397	£2,207	£3,207	£7,561
Profit After Tax	£116	£491	£1,131	£1,788	£2,598	£6,124
Change In Property Value	£8	£8	£15,600	£27,847	£37,056	£80,518
Net Return	£124	£499	£16,732	£29,635	£39,654	£86,642
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%