	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,804	£37,356	£37,916	£38,864	£39,836	£190,777
Total Expenses	£31,420	£31,526	£31,623	£31,759	£31,899	£158,227
Profit Before Tax	£5,384	£5,830	£6,294	£7,105	£7,937	£32,550
Profit After Tax	£4,361	£4,723	£5,098	£5,755	£6,429	£26,365
Change In Property Value	£8	£16,000	£28,560	£38,006	£26,477	£109,051
Net Return	£4,369	£20,723	£33,658	£43,761	£32,906	£135,417
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	16%	12%	50%