	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,756	£37,307	£38,240	£39,196	£40,372	£191,871
Total Expenses	£35,876	£35,943	£36,047	£36,153	£36,281	£180,300
Profit Before Tax	£880	£1,365	£2,193	£3,043	£4,091	£11,572
Profit After Tax	£713	£1,105	£1,777	£2,465	£3,313	£9,373
Change In Property Value	£7,990	£8,070	£24,452	£33,580	£39,289	£113,381
Net Return	£8,703	£9,175	£26,228	£36,045	£42,602	£122,754
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	3%	3%	10%	13%	16%	46%