	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,564	£34,067	£34,578	£35,443	£36,329	£173,982
Total Expenses	£25,896	£25,959	£26,020	£26,117	£26,217	£130,210
Profit Before Tax	£7,668	£8,108	£8,558	£9,326	£10,112	£43,772
Profit After Tax	£6,211	£6,568	£6,932	£7,554	£8,191	£35,455
Change In Property Value	£7	£13,700	£24,455	£32,542	£22,671	£93,375
Net Return	£6,218	£20,268	£31,387	£40,096	£30,862	£128,830
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	56%