	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,832	£33,324	£33,824	£34,670	£35,537	£170,187
Total Expenses	£25,340	£25,402	£25,462	£25,557	£25,655	£127,417
Profit Before Tax	£7,492	£7,922	£8,362	£9,113	£9,882	£42,770
Profit After Tax	£6,068	£6,417	£6,773	£7,381	£8,004	£34,644
Change In Property Value	£7	£13,400	£23,919	£31,830	£22,175	£91,330
Net Return	£6,075	£19,817	£30,692	£39,211	£30,179	£125,974
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	56%