	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,600	£34,104	£34,616	£35,481	£36,368	£174,168
Total Expenses	£28,365	£28,466	£28,558	£28,686	£28,817	£142,892
Profit Before Tax	£5,235	£5,638	£6,058	£6,795	£7,551	£31,277
Profit After Tax	£4,240	£4,567	£4,907	£5,504	£6,116	£25,334
Change In Property Value	£7	£14,300	£25,526	£33,967	£23,664	£97,465
Net Return	£4,247	£18,867	£30,433	£39,471	£29,780	£122,799
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	17%	12%	51%