	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£40,500	£41,107	£41,724	£42,767	£43,836	£209,935
Total Expenses	£33,508	£33,581	£33,653	£33,767	£33,885	£168,393
Profit Before Tax	£6,993	£7,527	£8,071	£9,000	£9,951	£41,542
Profit After Tax	£5,664	£6,097	£6,538	£7,290	£8,061	£33,649
Change In Property Value	£9	£18,000	£32,130	£42,756	£29,787	£122,683
Net Return	£5,673	£24,097	£38,668	£50,046	£37,847	£156,332
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	16%	12%	52%