	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,452	£34,969	£35,843	£36,739	£37,841	£179,844
Total Expenses	£31,234	£31,332	£31,462	£31,595	£31,748	£157,371
Profit Before Tax	£3,218	£3,637	£4,381	£5,144	£6,093	£22,473
Profit After Tax	£2,607	£2,946	£3,549	£4,166	£4,935	£18,203
Change In Property Value	£7	£7	£13,000	£23,205	£30,880	£67,099
Net Return	£2,613	£2,953	£16,549	£27,372	£35,815	£85,301
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	1%	8%	13%	17%	39%