	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,192	£27,600	£28,290	£28,997	£29,867	£141,946
Total Expenses	£26,739	£26,826	£26,938	£27,052	£27,182	£134,736
Profit Before Tax	£453	£774	£1,352	£1,945	£2,685	£7,210
Profit After Tax	£367	£627	£1,095	£1,575	£2,175	£5,840
Change In Property Value	£6	£6	£11,100	£19,814	£26,367	£57,292
Net Return	£373	£633	£12,196	£21,389	£28,542	£63,132
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	0%	7%	12%	16%	35%