	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,256	£38,830	£39,801	£40,796	£42,019	£199,702
Total Expenses	£38,049	£38,118	£38,226	£38,337	£38,470	£191,200
Profit Before Tax	£207	£712	£1,575	£2,459	£3,550	£8,502
Profit After Tax	£167	£576	£1,275	£1,992	£2,875	£6,886
Change In Property Value	£9	£9	£17,000	£30,346	£40,381	£87,744
Net Return	£176	£585	£18,276	£32,337	£43,257	£94,631
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%