	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,620	£32,094	£32,576	£33,390	£34,225	£163,905
Total Expenses	£24,724	£24,822	£24,911	£25,034	£25,160	£124,652
Profit Before Tax	£6,896	£7,272	£7,665	£8,356	£9,064	£39,253
Profit After Tax	£5,585	£5,891	£6,208	£6,768	£7,342	£31,795
Change In Property Value	£6	£12,160	£21,706	£28,884	£20,123	£82,879
Net Return	£5,592	£18,051	£27,914	£35,652	£27,465	£114,674
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	57%