	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,756	£34,262	£34,776	£35,646	£36,537	£174,977
Total Expenses	£29,507	£29,607	£29,700	£29,829	£29,960	£148,603
Profit Before Tax	£4,249	£4,655	£5,076	£5,817	£6,576	£26,374
Profit After Tax	£3,442	£3,770	£4,112	£4,712	£5,327	£21,363
Change In Property Value	£8	£15,000	£26,775	£35,630	£24,822	£102,236
Net Return	£3,449	£18,771	£30,887	£40,342	£30,149	£123,598
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	7%	12%	16%	12%	49%