	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,200	£37,758	£38,702	£39,669	£40,860	£194,189
Total Expenses	£32,897	£32,999	£33,137	£33,277	£33,439	£165,749
Profit Before Tax	£4,303	£4,759	£5,565	£6,392	£7,421	£28,440
Profit After Tax	£3,485	£3,855	£4,508	£5,178	£6,011	£23,036
Change In Property Value	£7	£7	£13,700	£24,455	£32,543	£70,712
Net Return	£3,492	£3,861	£18,208	£29,633	£38,553	£93,748
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	2%	8%	13%	17%	41%