	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,976	£36,516	£37,063	£37,990	£38,940	£186,485
Total Expenses	£29,713	£29,817	£29,912	£30,047	£30,185	£149,674
Profit Before Tax	£6,263	£6,699	£7,151	£7,943	£8,755	£36,811
Profit After Tax	£5,073	£5,426	£5,792	£6,434	£7,092	£29,817
Change In Property Value	£7	£14,990	£26,757	£35,606	£24,806	£102,167
Net Return	£5,081	£20,416	£32,550	£42,040	£31,897	£131,984
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	53%