	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,860	£35,383	£35,914	£36,811	£37,732	£180,700
Total Expenses	£32,191	£32,294	£32,388	£32,519	£32,654	£162,046
Profit Before Tax	£2,669	£3,089	£3,526	£4,292	£5,078	£18,654
Profit After Tax	£2,162	£2,502	£2,856	£3,477	£4,113	£15,110
Change In Property Value	£8	£16,600	£29,631	£39,431	£27,470	£113,141
Net Return	£2,170	£19,103	£32,487	£42,908	£31,583	£128,251
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%