	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,600	£34,104	£34,616	£35,481	£36,368	£174,168
Total Expenses	£26,383	£26,445	£26,507	£26,604	£26,703	£132,642
Profit Before Tax	£7,218	£7,659	£8,109	£8,877	£9,665	£41,527
Profit After Tax	£5,846	£6,203	£6,568	£7,190	£7,828	£33,637
Change In Property Value	£7	£14,000	£24,990	£33,255	£23,168	£95,420
Net Return	£5,853	£20,204	£31,558	£40,445	£30,996	£129,057
Return From Rental Income (%)	3%	3%	3%	3%	3%	14%
Total Net Return (%)	3%	9%	14%	17%	13%	55%