	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,104	£34,616	£35,481	£36,368	£37,459	£178,027
Total Expenses	£27,232	£27,329	£27,458	£27,591	£27,743	£137,352
Profit Before Tax	£6,872	£7,287	£8,023	£8,777	£9,716	£40,675
Profit After Tax	£5,567	£5,902	£6,498	£7,109	£7,870	£32,947
Change In Property Value	£6	£6	£11,000	£19,635	£26,129	£56,776
Net Return	£5,572	£5,908	£17,499	£26,745	£33,999	£89,723
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	50%