	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,304	£35,834	£36,371	£37,280	£38,212	£183,001
Total Expenses	£27,892	£27,995	£28,090	£28,222	£28,358	£140,558
Profit Before Tax	£7,412	£7,839	£8,281	£9,058	£9,854	£42,444
Profit After Tax	£6,004	£6,349	£6,708	£7,337	£7,982	£34,379
Change In Property Value	£7	£13,900	£24,812	£33,017	£23,002	£94,738
Net Return	£6,011	£20,249	£31,520	£40,354	£30,984	£129,118
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%