	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£40,512	£41,120	£42,148	£43,201	£44,497	£211,478
Total Expenses	£36,958	£37,065	£37,211	£37,360	£37,532	£186,125
Profit Before Tax	£3,554	£4,055	£4,937	£5,842	£6,965	£25,353
Profit After Tax	£2,879	£3,284	£3,999	£4,732	£5,642	£20,536
Change In Property Value	£8	£8	£15,580	£27,811	£37,008	£80,415
Net Return	£2,887	£3,292	£19,579	£32,543	£42,650	£100,951
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	1%	7%	12%	16%	39%