	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,244	£32,728	£33,219	£34,049	£34,900	£167,140
Total Expenses	£27,856	£27,917	£27,976	£28,069	£28,165	£139,983
Profit Before Tax	£4,388	£4,811	£5,243	£5,980	£6,735	£27,157
Profit After Tax	£3,555	£3,897	£4,247	£4,844	£5,455	£21,997
Change In Property Value	£8	£15,000	£26,775	£35,630	£24,822	£102,236
Net Return	£3,562	£18,897	£31,022	£40,474	£30,278	£124,233
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	12%	16%	12%	49%