	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,600	£40,194	£40,797	£41,817	£42,862	£205,270
Total Expenses	£32,504	£32,614	£32,715	£32,859	£33,006	£163,698
Profit Before Tax	£7,096	£7,580	£8,082	£8,958	£9,856	£41,572
Profit After Tax	£5,747	£6,140	£6,546	£7,256	£7,984	£33,673
Change In Property Value	£8	£16,500	£29,453	£39,193	£27,305	£112,459
Net Return	£5,756	£22,640	£35,999	£46,449	£35,288	£146,132
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	53%