	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,924	£34,433	£35,294	£36,176	£37,261	£177,088
Total Expenses	£29,284	£29,347	£29,444	£29,543	£29,662	£147,280
Profit Before Tax	£4,640	£5,086	£5,850	£6,633	£7,599	£29,808
Profit After Tax	£3,758	£4,120	£4,739	£5,373	£6,155	£24,145
Change In Property Value	£6	£6	£12,800	£22,848	£30,405	£66,066
Net Return	£3,764	£4,126	£17,539	£28,221	£36,560	£90,211
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	2%	2%	8%	13%	17%	42%