	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£40,428	£41,034	£42,060	£43,112	£44,405	£211,040
Total Expenses	£37,275	£37,347	£37,460	£37,576	£37,716	£187,374
Profit Before Tax	£3,153	£3,688	£4,600	£5,536	£6,689	£23,665
Profit After Tax	£2,554	£2,987	£3,726	£4,484	£5,418	£19,169
Change In Property Value	£8	£8	£16,500	£29,453	£39,194	£85,164
Net Return	£2,562	£2,995	£20,226	£33,937	£44,612	£104,333
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	1%	7%	12%	16%	38%