	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,856	£33,349	£33,849	£34,695	£35,563	£170,312
Total Expenses	£28,773	£28,873	£28,964	£29,090	£29,219	£144,919
Profit Before Tax	£4,083	£4,476	£4,885	£5,605	£6,343	£25,393
Profit After Tax	£3,307	£3,626	£3,957	£4,540	£5,138	£20,568
Change In Property Value	£7	£14,600	£26,061	£34,680	£24,160	£99,509
Net Return	£3,314	£18,226	£30,018	£39,220	£29,298	£120,077
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%