	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,056	£37,612	£38,552	£39,516	£40,701	£193,437
Total Expenses	£31,494	£31,596	£31,733	£31,873	£32,034	£158,731
Profit Before Tax	£5,562	£6,016	£6,819	£7,643	£8,667	£34,707
Profit After Tax	£4,505	£4,873	£5,524	£6,191	£7,020	£28,112
Change In Property Value	£7	£7	£13,000	£23,205	£30,880	£67,099
Net Return	£4,511	£4,879	£18,524	£29,396	£37,900	£95,211
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	2%	9%	14%	18%	44%