	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,280	£35,809	£36,346	£37,255	£38,186	£182,877
Total Expenses	£32,555	£32,658	£32,753	£32,885	£33,021	£163,872
Profit Before Tax	£2,725	£3,151	£3,594	£4,370	£5,165	£19,005
Profit After Tax	£2,207	£2,553	£2,911	£3,539	£4,184	£15,394
Change In Property Value	£8	£16,800	£29,988	£39,906	£27,801	£114,504
Net Return	£2,216	£19,353	£32,899	£43,445	£31,985	£129,898
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%