	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,280	£35,809	£36,704	£37,622	£38,751	£184,166
Total Expenses	£34,094	£34,193	£34,325	£34,461	£34,617	£171,690
Profit Before Tax	£1,186	£1,616	£2,379	£3,161	£4,134	£12,476
Profit After Tax	£961	£1,309	£1,927	£2,560	£3,349	£10,106
Change In Property Value	£7	£7	£14,400	£25,705	£34,205	£74,325
Net Return	£968	£1,316	£16,327	£28,265	£37,554	£84,431
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	1%	7%	12%	16%	35%