	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,448	£32,935	£33,429	£34,264	£35,121	£168,197
Total Expenses	£24,228	£24,327	£24,417	£24,542	£24,671	£122,184
Profit Before Tax	£8,220	£8,608	£9,012	£9,722	£10,450	£46,013
Profit After Tax	£6,658	£6,973	£7,300	£7,875	£8,465	£37,270
Change In Property Value	£6	£11,800	£21,063	£28,029	£19,527	£80,425
Net Return	£6,664	£18,773	£28,363	£35,904	£27,992	£117,695
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	18%	14%	60%