	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,720	£37,271	£37,830	£38,776	£39,745	£190,341
Total Expenses	£30,286	£30,391	£30,488	£30,624	£30,764	£152,553
Profit Before Tax	£6,434	£6,880	£7,342	£8,151	£8,981	£37,788
Profit After Tax	£5,212	£5,573	£5,947	£6,603	£7,275	£30,609
Change In Property Value	£8	£15,300	£27,311	£36,343	£25,319	£104,280
Net Return	£5,219	£20,873	£33,258	£42,945	£32,594	£134,889
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	53%