	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,160	£38,732	£39,313	£40,296	£41,304	£197,806
Total Expenses	£31,395	£31,502	£31,601	£31,742	£31,885	£158,125
Profit Before Tax	£6,765	£7,230	£7,712	£8,555	£9,419	£39,680
Profit After Tax	£5,480	£5,856	£6,247	£6,929	£7,629	£32,141
Change In Property Value	£8	£15,900	£28,382	£37,768	£26,312	£108,370
Net Return	£5,487	£21,756	£34,628	£44,697	£33,941	£140,511
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	53%