	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,500	£31,972	£32,452	£33,263	£34,095	£163,283
Total Expenses	£25,099	£25,196	£25,285	£25,408	£25,533	£126,520
Profit Before Tax	£6,402	£6,777	£7,167	£7,856	£8,561	£36,763
Profit After Tax	£5,185	£5,489	£5,806	£6,363	£6,935	£29,778
Change In Property Value	£6	£12,400	£22,134	£29,454	£20,520	£84,515
Net Return	£5,191	£17,889	£27,940	£35,817	£27,455	£114,293
Return From Rental Income (%)	3%	3%	3%	3%	3%	14%
Total Net Return (%)	3%	9%	14%	17%	13%	56%