	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£40,500	£41,107	£41,724	£42,767	£43,836	£209,935
Total Expenses	£33,506	£33,579	£33,651	£33,766	£33,883	£168,385
Profit Before Tax	£6,994	£7,528	£8,073	£9,001	£9,953	£41,550
Profit After Tax	£5,665	£6,098	£6,539	£7,291	£8,062	£33,655
Change In Property Value	£9	£17,999	£32,129	£42,754	£29,785	£122,676
Net Return	£5,674	£24,097	£38,668	£50,045	£37,847	£156,331
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	16%	12%	52%