	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,120	£33,617	£34,121	£34,974	£35,848	£171,680
Total Expenses	£26,013	£26,075	£26,136	£26,231	£26,329	£130,784
Profit Before Tax	£7,107	£7,542	£7,985	£8,743	£9,519	£40,896
Profit After Tax	£5,757	£6,109	£6,468	£7,082	£7,710	£33,126
Change In Property Value	£7	£13,800	£24,633	£32,780	£22,837	£94,057
Net Return	£5,764	£19,909	£31,101	£39,861	£30,547	£127,183
Return From Rental Income (%)	3%	3%	3%	3%	3%	14%
Total Net Return (%)	3%	9%	14%	17%	13%	55%