	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,500	£31,972	£32,772	£33,591	£34,599	£164,434
Total Expenses	£31,421	£31,479	£31,570	£31,663	£31,774	£157,907
Profit Before Tax	£79	£493	£1,202	£1,928	£2,825	£6,527
Profit After Tax	£64	£400	£974	£1,562	£2,288	£5,287
Change In Property Value	£7	£7	£13,999	£24,989	£33,253	£72,255
Net Return	£71	£407	£14,973	£26,551	£35,541	£77,542
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%