	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,604	£39,183	£39,771	£40,765	£41,784	£200,107
Total Expenses	£36,909	£37,017	£37,117	£37,258	£37,403	£185,704
Profit Before Tax	£1,695	£2,166	£2,654	£3,507	£4,381	£14,403
Profit After Tax	£1,373	£1,754	£2,150	£2,841	£3,549	£11,666
Change In Property Value	£10	£19,300	£34,451	£45,844	£31,938	£131,543
Net Return	£1,382	£21,055	£36,600	£48,685	£35,487	£143,209
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	6%	11%	15%	11%	44%