	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£55,128	£55,955	£57,354	£58,788	£60,551	£287,776
Total Expenses	£54,615	£54,709	£54,859	£55,014	£55,201	£274,398
Profit Before Tax	£513	£1,246	£2,494	£3,774	£5,350	£13,378
Profit After Tax	£416	£1,009	£2,020	£3,057	£4,334	£10,836
Change In Property Value	£12	£12	£24,500	£43,733	£58,197	£126,455
Net Return	£428	£1,022	£26,521	£46,790	£62,530	£137,291
Return From Rental Income (%)	0%	0%	0%	1%	1%	3%
Total Net Return (%)	0%	0%	6%	11%	14%	32%