	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£42,756	£43,397	£44,482	£45,594	£46,962	£223,192
Total Expenses	£42,467	£42,542	£42,662	£42,784	£42,931	£213,386
Profit Before Tax	£289	£855	£1,821	£2,810	£4,031	£9,806
Profit After Tax	£234	£692	£1,475	£2,276	£3,265	£7,943
Change In Property Value	£10	£10	£19,000	£33,916	£45,132	£98,067
Net Return	£244	£702	£20,475	£36,192	£48,397	£106,010
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%