	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	£33,174	£33,282	£33,381	£33,521	£33,665	£167,023
Profit Before Tax	£5,082	£5,548	£6,031	£6,876	£7,743	£31,280
Profit After Tax	£4,116	£4,494	£4,885	£5,570	£6,271	£25,337
Change In Property Value	£9	£17,000	£30,345	£40,381	£28,132	£115,867
Net Return	£4,125	£21,494	£35,231	£45,951	£34,404	£141,204
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	12%	16%	12%	49%