	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£40,008	£40,608	£41,217	£42,248	£43,304	£207,385
Total Expenses	£36,647	£36,757	£36,859	£37,004	£37,153	£184,421
Profit Before Tax	£3,361	£3,851	£4,358	£5,243	£6,151	£22,964
Profit After Tax	£2,722	£3,119	£3,530	£4,247	£4,983	£18,601
Change In Property Value	£10	£19,050	£34,005	£45,250	£31,524	£129,839
Net Return	£2,732	£22,169	£37,534	£49,498	£36,507	£148,440
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	15%	11%	46%