	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,196	£41,814	£42,441	£43,502	£44,590	£213,543
Total Expenses	£39,260	£39,372	£39,475	£39,623	£39,775	£197,505
Profit Before Tax	£1,936	£2,442	£2,966	£3,879	£4,815	£16,038
Profit After Tax	£1,568	£1,978	£2,402	£3,142	£3,900	£12,991
Change In Property Value	£10	£20,600	£36,771	£48,932	£34,089	£140,403
Net Return	£1,579	£22,578	£39,174	£52,074	£37,990	£153,394
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	6%	11%	15%	11%	43%