	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,272	£37,831	£38,399	£39,359	£40,342	£193,203
Total Expenses	£34,283	£34,388	£34,486	£34,624	£34,765	£172,546
Profit Before Tax	£2,989	£3,443	£3,912	£4,735	£5,577	£20,656
Profit After Tax	£2,421	£2,789	£3,169	£3,835	£4,518	£16,732
Change In Property Value	£9	£17,750	£31,684	£42,162	£29,373	£120,979
Net Return	£2,430	£20,539	£34,853	£45,997	£33,891	£137,710
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	15%	11%	46%