	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,996	£37,551	£38,114	£39,067	£40,044	£191,772
Total Expenses	£35,461	£35,567	£35,664	£35,801	£35,942	£178,436
Profit Before Tax	£1,535	£1,984	£2,450	£3,266	£4,102	£13,336
Profit After Tax	£1,243	£1,607	£1,984	£2,645	£3,323	£10,802
Change In Property Value	£9	£18,500	£33,023	£43,944	£30,614	£126,091
Net Return	£1,252	£20,107	£35,007	£46,589	£33,937	£136,893
Return From Rental Income (%)	0%	1%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	15%	11%	44%