	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,124	£32,606	£33,095	£33,922	£34,770	£166,518
Total Expenses	£23,983	£24,043	£24,102	£24,196	£24,291	£120,615
Profit Before Tax	£8,141	£8,563	£8,992	£9,727	£10,479	£45,902
Profit After Tax	£6,594	£6,936	£7,284	£7,879	£8,488	£37,181
Change In Property Value	£6	£12,600	£22,491	£29,929	£20,851	£85,878
Net Return	£6,601	£19,536	£29,775	£37,808	£29,339	£123,059
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	9%	14%	18%	14%	59%