	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,804	£34,311	£34,826	£35,696	£36,589	£175,226
Total Expenses	£26,294	£26,395	£26,487	£26,616	£26,748	£132,541
Profit Before Tax	£7,510	£7,916	£8,338	£9,080	£9,841	£42,685
Profit After Tax	£6,083	£6,412	£6,754	£7,355	£7,971	£34,575
Change In Property Value	£7	£13,000	£23,205	£30,880	£21,513	£88,604
Net Return	£6,089	£19,412	£29,959	£38,234	£29,484	£123,179
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	57%