	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,892	£33,385	£33,886	£34,733	£35,602	£170,499
Total Expenses	£29,340	£29,439	£29,530	£29,657	£29,786	£147,753
Profit Before Tax	£3,552	£3,946	£4,356	£5,076	£5,815	£22,745
Profit After Tax	£2,877	£3,196	£3,528	£4,112	£4,710	£18,424
Change In Property Value	£7	£14,950	£26,686	£35,511	£24,740	£101,895
Net Return	£2,885	£18,146	£30,214	£39,623	£29,450	£120,318
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%