	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,800	£38,367	£38,943	£39,916	£40,914	£195,940
Total Expenses	£33,238	£33,307	£33,375	£33,482	£33,593	£166,994
Profit Before Tax	£4,563	£5,060	£5,568	£6,434	£7,321	£28,946
Profit After Tax	£3,696	£4,099	£4,510	£5,211	£5,930	£23,446
Change In Property Value	£9	£18,000	£32,130	£42,756	£29,787	£122,683
Net Return	£3,705	£22,099	£36,640	£47,968	£35,717	£146,129
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	48%