	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,336	£33,836	£34,682	£35,549	£36,615	£174,018
Total Expenses	£27,750	£27,846	£27,974	£28,104	£28,253	£139,927
Profit Before Tax	£5,586	£5,990	£6,708	£7,445	£8,362	£34,091
Profit After Tax	£4,525	£4,852	£5,434	£6,030	£6,773	£27,614
Change In Property Value	£6	£6	£11,300	£20,171	£26,842	£58,324
Net Return	£4,530	£4,858	£16,734	£26,201	£33,615	£85,938
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	14%	18%	46%