	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	£31,423	£31,481	£31,572	£31,665	£31,776	£157,917
Profit Before Tax	£78	£491	£1,200	£1,926	£2,823	£6,518
Profit After Tax	£63	£398	£972	£1,560	£2,286	£5,279
Change In Property Value	£7	£7	£14,000	£24,990	£33,255	£72,260
Net Return	£70	£405	£14,972	£26,551	£35,542	£77,539
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	0%	0%	6%	11%	15%	33%