	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,496	£36,028	£36,569	£37,483	£38,420	£183,997
Total Expenses	£32,737	£32,841	£32,936	£33,069	£33,205	£164,788
Profit Before Tax	£2,759	£3,188	£3,633	£4,414	£5,215	£19,208
Profit After Tax	£2,234	£2,582	£2,943	£3,575	£4,224	£15,559
Change In Property Value	£8	£16,900	£30,167	£40,143	£27,967	£115,185
Net Return	£2,243	£19,482	£33,110	£43,719	£32,191	£130,744
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%