	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,848	£35,371	£35,901	£36,799	£37,719	£180,638
Total Expenses	£31,334	£31,398	£31,462	£31,562	£31,664	£157,420
Profit Before Tax	£3,514	£3,972	£4,440	£5,237	£6,054	£23,218
Profit After Tax	£2,847	£3,218	£3,596	£4,242	£4,904	£18,806
Change In Property Value	£9	£17,000	£30,345	£40,381	£28,132	£115,867
Net Return	£2,855	£20,218	£33,941	£44,623	£33,036	£134,673
Return From Rental Income (%)	1%	1%	1%	1%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	47%