	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,496	£32,983	£33,478	£34,315	£35,173	£168,446
Total Expenses	£26,163	£26,262	£26,353	£26,478	£26,607	£131,863
Profit Before Tax	£6,333	£6,721	£7,126	£7,837	£8,566	£36,583
Profit After Tax	£5,129	£5,444	£5,772	£6,348	£6,939	£29,632
Change In Property Value	£7	£13,000	£23,205	£30,880	£21,513	£88,604
Net Return	£5,136	£18,444	£28,977	£37,228	£28,452	£118,236
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	13%	17%	13%	55%