	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,756	£37,307	£37,867	£38,814	£39,784	£190,528
Total Expenses	£33,829	£33,934	£34,031	£34,167	£34,307	£170,268
Profit Before Tax	£2,927	£3,373	£3,836	£4,646	£5,477	£20,260
Profit After Tax	£2,371	£2,733	£3,107	£3,764	£4,436	£16,411
Change In Property Value	£9	£17,500	£31,238	£41,569	£28,959	£119,275
Net Return	£2,380	£20,233	£34,345	£45,332	£33,396	£135,686
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	15%	11%	46%