	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,896	£32,374	£32,860	£33,682	£34,524	£165,336
Total Expenses	£27,016	£27,077	£27,136	£27,228	£27,323	£135,780
Profit Before Tax	£4,880	£5,298	£5,724	£6,453	£7,200	£29,555
Profit After Tax	£3,952	£4,291	£4,637	£5,227	£5,832	£23,940
Change In Property Value	£7	£14,500	£25,883	£34,443	£23,995	£98,828
Net Return	£3,960	£18,791	£30,520	£39,670	£29,827	£122,768
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	16%	12%	51%