	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,744	£34,250	£34,764	£35,633	£36,524	£174,915
Total Expenses	£25,591	£25,654	£25,716	£25,813	£25,913	£128,686
Profit Before Tax	£8,153	£8,596	£9,048	£9,820	£10,611	£46,229
Profit After Tax	£6,604	£6,963	£7,329	£7,954	£8,595	£37,445
Change In Property Value	£7	£13,499	£24,096	£32,065	£22,339	£92,005
Net Return	£6,611	£20,462	£31,425	£40,019	£30,933	£129,450
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	14%	18%	14%	58%