	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,388	£32,874	£33,367	£34,201	£35,056	£167,886
Total Expenses	£24,170	£24,231	£24,291	£24,384	£24,481	£121,557
Profit Before Tax	£8,218	£8,643	£9,076	£9,817	£10,576	£46,329
Profit After Tax	£6,657	£7,001	£7,352	£7,951	£8,566	£37,527
Change In Property Value	£6	£12,700	£22,670	£30,167	£21,016	£86,559
Net Return	£6,663	£19,701	£30,022	£38,118	£29,582	£124,086
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	9%	14%	18%	14%	59%