	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,256	£38,830	£39,412	£40,398	£41,408	£198,303
Total Expenses	£31,674	£31,744	£31,813	£31,922	£32,033	£159,186
Profit Before Tax	£6,582	£7,086	£7,600	£8,476	£9,374	£39,117
Profit After Tax	£5,331	£5,739	£6,156	£6,865	£7,593	£31,685
Change In Property Value	£9	£17,000	£30,345	£40,381	£28,132	£115,867
Net Return	£5,340	£22,740	£36,501	£47,246	£35,725	£147,552
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	17%	12%	52%