	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,512	£35,030	£35,905	£36,803	£37,907	£180,157
Total Expenses	£27,159	£27,222	£27,321	£27,421	£27,542	£136,666
Profit Before Tax	£7,353	£7,807	£8,585	£9,382	£10,365	£43,491
Profit After Tax	£5,956	£6,324	£6,954	£7,599	£8,395	£35,228
Change In Property Value	£6	£6	£11,699	£20,883	£27,789	£60,384
Net Return	£5,962	£6,330	£18,653	£28,482	£36,185	£95,612
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%