	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,356	£37,916	£38,485	£39,447	£40,433	£193,638
Total Expenses	£32,441	£32,547	£32,645	£32,783	£32,924	£163,339
Profit Before Tax	£4,915	£5,369	£5,840	£6,664	£7,509	£30,299
Profit After Tax	£3,981	£4,349	£4,731	£5,398	£6,083	£24,542
Change In Property Value	£8	£16,600	£29,631	£39,431	£27,470	£113,141
Net Return	£3,990	£20,949	£34,362	£44,829	£33,553	£137,683
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	12%	16%	12%	49%