	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,500	£35,017	£35,543	£36,431	£37,342	£178,834
Total Expenses	£28,081	£28,146	£28,208	£28,308	£28,409	£141,152
Profit Before Tax	£6,419	£6,872	£7,334	£8,124	£8,933	£37,682
Profit After Tax	£5,199	£5,566	£5,941	£6,580	£7,236	£30,522
Change In Property Value	£8	£15,000	£26,775	£35,630	£24,822	£102,236
Net Return	£5,207	£20,566	£32,716	£42,210	£32,058	£132,758
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	53%