	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,808	£33,300	£33,800	£34,645	£35,511	£170,063
Total Expenses	£28,736	£28,836	£28,927	£29,053	£29,182	£144,733
Profit Before Tax	£4,072	£4,465	£4,873	£5,592	£6,329	£25,330
Profit After Tax	£3,298	£3,616	£3,947	£4,529	£5,126	£20,517
Change In Property Value	£7	£14,580	£26,026	£34,633	£24,127	£99,373
Net Return	£3,305	£18,196	£29,973	£39,162	£29,254	£119,890
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%