	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,772	£36,309	£37,216	£38,147	£39,291	£186,735
Total Expenses	£30,858	£30,923	£31,024	£31,129	£31,254	£155,187
Profit Before Tax	£4,914	£5,386	£6,192	£7,018	£8,037	£31,547
Profit After Tax	£3,980	£4,362	£5,015	£5,685	£6,510	£25,553
Change In Property Value	£7	£7	£13,500	£24,098	£32,068	£69,679
Net Return	£3,987	£4,369	£18,516	£29,783	£38,578	£95,233
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	2%	2%	8%	13%	17%	42%