	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,940	£39,524	£40,117	£41,120	£42,148	£201,849
Total Expenses	£34,369	£34,477	£34,578	£34,720	£34,865	£173,009
Profit Before Tax	£4,571	£5,047	£5,539	£6,400	£7,283	£28,840
Profit After Tax	£3,703	£4,088	£4,487	£5,184	£5,899	£23,361
Change In Property Value	£9	£17,700	£31,595	£42,044	£29,290	£120,638
Net Return	£3,711	£21,788	£36,082	£47,228	£35,189	£143,999
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	48%