	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,488	£31,960	£32,440	£33,251	£34,082	£163,221
Total Expenses	£26,706	£26,803	£26,892	£27,015	£27,141	£134,558
Profit Before Tax	£4,782	£5,157	£5,548	£6,236	£6,941	£28,663
Profit After Tax	£3,873	£4,177	£4,493	£5,051	£5,622	£23,217
Change In Property Value	£7	£13,400	£23,919	£31,830	£22,175	£91,330
Net Return	£3,880	£17,577	£28,413	£36,880	£27,797	£114,548
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	8%	13%	17%	12%	51%