	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£51,756	£52,532	£53,846	£55,192	£56,848	£270,173
Total Expenses	£51,302	£51,391	£51,533	£51,679	£51,855	£257,759
Profit Before Tax	£454	£1,141	£2,313	£3,513	£4,993	£12,414
Profit After Tax	£368	£924	£1,873	£2,846	£4,044	£10,055
Change In Property Value	£12	£12	£23,000	£41,056	£54,634	£118,713
Net Return	£379	£936	£24,874	£43,901	£58,678	£128,768
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	32%