	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,684	£34,189	£34,702	£35,570	£36,459	£174,604
Total Expenses	£31,173	£31,273	£31,366	£31,494	£31,626	£156,931
Profit Before Tax	£2,511	£2,916	£3,337	£4,076	£4,833	£17,672
Profit After Tax	£2,034	£2,362	£2,703	£3,301	£3,915	£14,315
Change In Property Value	£8	£16,040	£28,632	£38,101	£26,543	£109,324
Net Return	£2,042	£18,402	£31,334	£41,402	£30,458	£123,639
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%