	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,356	£31,826	£32,304	£33,111	£33,939	£162,537
Total Expenses	£24,226	£24,286	£24,344	£24,435	£24,528	£121,818
Profit Before Tax	£7,130	£7,541	£7,960	£8,677	£9,411	£40,719
Profit After Tax	£5,775	£6,108	£6,448	£7,028	£7,623	£32,982
Change In Property Value	£6	£12,799	£22,846	£30,402	£21,180	£87,234
Net Return	£5,782	£18,907	£29,294	£37,430	£28,803	£120,216
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	57%