	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,800	£38,367	£38,943	£39,916	£40,914	£195,940
Total Expenses	£34,738	£34,844	£34,943	£35,082	£35,224	£174,831
Profit Before Tax	£3,063	£3,523	£4,000	£4,834	£5,690	£21,109
Profit After Tax	£2,481	£2,853	£3,240	£3,916	£4,609	£17,098
Change In Property Value	£9	£18,000	£32,130	£42,756	£29,787	£122,683
Net Return	£2,490	£20,854	£35,370	£46,672	£34,395	£139,781
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	15%	11%	46%