	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,656	£35,176	£35,703	£36,596	£37,511	£179,642
Total Expenses	£32,010	£32,112	£32,206	£32,337	£32,471	£161,135
Profit Before Tax	£2,646	£3,064	£3,498	£4,259	£5,040	£18,507
Profit After Tax	£2,143	£2,482	£2,833	£3,450	£4,082	£14,991
Change In Property Value	£8	£16,500	£29,453	£39,193	£27,305	£112,459
Net Return	£2,152	£18,982	£32,286	£42,643	£31,387	£127,450
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%