	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,440	£38,002	£38,952	£39,925	£41,123	£195,442
Total Expenses	£34,310	£34,412	£34,550	£34,691	£34,854	£172,817
Profit Before Tax	£3,130	£3,589	£4,402	£5,234	£6,269	£22,624
Profit After Tax	£2,535	£2,907	£3,565	£4,240	£5,078	£18,326
Change In Property Value	£7	£7	£14,400	£25,705	£34,205	£74,325
Net Return	£2,543	£2,915	£17,966	£29,944	£39,284	£92,650
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	1%	7%	12%	16%	39%