	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,220	£38,793	£39,763	£40,757	£41,980	£199,514
Total Expenses	£31,896	£31,965	£32,073	£32,183	£32,316	£160,433
Profit Before Tax	£6,324	£6,828	£7,690	£8,574	£9,664	£39,081
Profit After Tax	£5,122	£5,531	£6,229	£6,945	£7,828	£31,655
Change In Property Value	£7	£7	£13,900	£24,812	£33,018	£71,744
Net Return	£5,129	£5,538	£20,130	£31,757	£40,845	£103,399
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	14%	18%	45%