	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,496	£39,073	£40,050	£41,052	£42,283	£200,954
Total Expenses	£33,622	£33,726	£33,866	£34,010	£34,176	£169,401
Profit Before Tax	£4,874	£5,348	£6,184	£7,041	£8,107	£31,553
Profit After Tax	£3,948	£4,332	£5,009	£5,703	£6,567	£25,558
Change In Property Value	£7	£7	£14,000	£24,990	£33,255	£72,260
Net Return	£3,955	£4,339	£19,009	£30,694	£39,822	£97,818
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	2%	8%	13%	17%	42%