	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,036	£33,532	£34,370	£35,229	£36,286	£172,452
Total Expenses	£27,522	£27,617	£27,744	£27,874	£28,022	£138,779
Profit Before Tax	£5,514	£5,914	£6,626	£7,355	£8,264	£33,674
Profit After Tax	£4,467	£4,791	£5,367	£5,958	£6,694	£27,276
Change In Property Value	£6	£6	£11,200	£19,992	£26,604	£57,808
Net Return	£4,472	£4,796	£16,567	£25,950	£33,298	£85,084
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	14%	18%	46%