	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,448	£32,935	£33,758	£34,602	£35,640	£169,383
Total Expenses	£25,566	£25,626	£25,719	£25,815	£25,929	£128,655
Profit Before Tax	£6,882	£7,308	£8,039	£8,787	£9,711	£40,728
Profit After Tax	£5,574	£5,920	£6,511	£7,118	£7,866	£32,989
Change In Property Value	£6	£6	£11,000	£19,635	£26,129	£56,776
Net Return	£5,580	£5,925	£17,512	£26,753	£33,995	£89,765
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	50%