	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,596	£38,160	£38,732	£39,701	£40,693	£194,882
Total Expenses	£34,556	£34,663	£34,761	£34,900	£35,041	£173,921
Profit Before Tax	£3,040	£3,497	£3,971	£4,801	£5,652	£20,961
Profit After Tax	£2,462	£2,833	£3,217	£3,889	£4,578	£16,979
Change In Property Value	£9	£17,900	£31,952	£42,519	£29,621	£122,001
Net Return	£2,471	£20,733	£35,169	£46,408	£34,199	£138,980
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	15%	11%	46%