	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,296	£34,810	£35,333	£36,216	£37,121	£177,776
Total Expenses	£26,452	£26,516	£26,579	£26,677	£26,779	£133,002
Profit Before Tax	£7,844	£8,294	£8,754	£9,539	£10,343	£44,774
Profit After Tax	£6,354	£6,718	£7,091	£7,726	£8,378	£36,267
Change In Property Value	£7	£14,000	£24,990	£33,255	£23,168	£95,420
Net Return	£6,361	£20,719	£32,081	£40,981	£31,545	£131,687
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	56%