	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,804	£34,311	£35,169	£36,048	£37,129	£176,461
Total Expenses	£31,169	£31,266	£31,395	£31,526	£31,677	£157,033
Profit Before Tax	£2,635	£3,045	£3,774	£4,522	£5,452	£19,428
Profit After Tax	£2,134	£2,467	£3,057	£3,663	£4,416	£15,737
Change In Property Value	£7	£7	£13,000	£23,205	£30,880	£67,099
Net Return	£2,141	£2,473	£16,057	£26,868	£35,296	£82,835
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	1%	7%	12%	16%	38%