	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,024	£33,519	£34,022	£34,873	£35,745	£171,183
Total Expenses	£26,216	£26,316	£26,407	£26,534	£26,664	£132,136
Profit Before Tax	£6,808	£7,204	£7,615	£8,339	£9,081	£39,046
Profit After Tax	£5,514	£5,835	£6,168	£6,754	£7,355	£31,628
Change In Property Value	£7	£13,000	£23,205	£30,880	£21,513	£88,604
Net Return	£5,521	£18,835	£29,374	£37,634	£28,868	£120,232
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%