	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,520	£36,053	£36,594	£37,508	£38,446	£184,121
Total Expenses	£28,879	£28,982	£29,077	£29,211	£29,347	£145,496
Profit Before Tax	£6,641	£7,071	£7,516	£8,298	£9,099	£38,625
Profit After Tax	£5,379	£5,727	£6,088	£6,721	£7,370	£31,286
Change In Property Value	£7	£14,500	£25,883	£34,443	£23,995	£98,828
Net Return	£5,387	£20,227	£31,971	£41,164	£31,365	£130,114
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	8%	13%	17%	13%	54%