	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,972	£34,482	£34,999	£35,874	£36,771	£176,097
Total Expenses	£29,689	£29,790	£29,883	£30,012	£30,145	£149,520
Profit Before Tax	£4,283	£4,691	£5,116	£5,861	£6,626	£26,577
Profit After Tax	£3,469	£3,800	£4,144	£4,748	£5,367	£21,528
Change In Property Value	£8	£15,100	£26,954	£35,868	£24,988	£102,917
Net Return	£3,477	£18,900	£31,098	£40,616	£30,355	£124,445
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	7%	12%	16%	12%	49%