	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,528	£34,031	£34,882	£35,754	£36,826	£175,021
Total Expenses	£33,411	£33,472	£33,568	£33,666	£33,784	£167,902
Profit Before Tax	£117	£558	£1,313	£2,087	£3,042	£7,118
Profit After Tax	£95	£452	£1,064	£1,691	£2,464	£5,766
Change In Property Value	£7	£7	£14,900	£26,597	£35,393	£76,905
Net Return	£102	£460	£15,964	£28,288	£37,857	£82,671
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%