	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,816	£34,323	£34,838	£35,709	£36,602	£175,288
Total Expenses	£31,282	£31,383	£31,476	£31,605	£31,737	£157,482
Profit Before Tax	£2,534	£2,940	£3,362	£4,104	£4,865	£17,806
Profit After Tax	£2,052	£2,381	£2,724	£3,325	£3,941	£14,423
Change In Property Value	£8	£16,100	£28,739	£38,243	£26,643	£109,733
Net Return	£2,060	£18,482	£31,462	£41,568	£30,584	£124,155
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%