	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,404	£34,920	£35,444	£36,330	£37,238	£178,336
Total Expenses	£29,680	£29,745	£29,807	£29,906	£30,008	£149,146
Profit Before Tax	£4,724	£5,176	£5,637	£6,424	£7,231	£29,190
Profit After Tax	£3,826	£4,192	£4,566	£5,203	£5,857	£23,644
Change In Property Value	£8	£16,000	£28,560	£38,006	£26,477	£109,051
Net Return	£3,834	£20,192	£33,126	£43,209	£32,334	£132,695
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	12%	16%	12%	49%