	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,236	£34,750	£35,271	£36,153	£37,056	£177,465
Total Expenses	£31,646	£31,748	£31,841	£31,971	£32,104	£159,309
Profit Before Tax	£2,590	£3,002	£3,430	£4,182	£4,953	£18,156
Profit After Tax	£2,098	£2,432	£2,778	£3,387	£4,012	£14,707
Change In Property Value	£8	£16,300	£29,096	£38,718	£26,974	£111,096
Net Return	£2,106	£18,732	£31,874	£42,105	£30,985	£125,803
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%