	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,652	£42,277	£43,334	£44,417	£45,750	£217,429
Total Expenses	£38,389	£38,463	£38,579	£38,699	£38,843	£192,972
Profit Before Tax	£3,263	£3,814	£4,754	£5,718	£6,907	£24,457
Profit After Tax	£2,643	£3,089	£3,851	£4,632	£5,595	£19,810
Change In Property Value	£9	£9	£17,000	£30,346	£40,381	£87,744
Net Return	£2,652	£3,098	£20,851	£34,977	£45,976	£107,554
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	1%	7%	12%	16%	38%