	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,436	£32,923	£33,416	£34,252	£35,108	£168,135
Total Expenses	£27,444	£27,543	£27,633	£27,759	£27,887	£138,267
Profit Before Tax	£4,992	£5,380	£5,783	£6,493	£7,221	£29,868
Profit After Tax	£4,043	£4,357	£4,684	£5,259	£5,849	£24,193
Change In Property Value	£7	£13,800	£24,633	£32,780	£22,837	£94,057
Net Return	£4,050	£18,158	£29,317	£38,039	£28,686	£118,250
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	17%	12%	51%