	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,224	£34,737	£35,606	£36,496	£37,591	£178,654
Total Expenses	£26,934	£26,997	£27,094	£27,194	£27,314	£135,534
Profit Before Tax	£7,290	£7,741	£8,511	£9,302	£10,276	£43,120
Profit After Tax	£5,905	£6,270	£6,894	£7,534	£8,324	£34,927
Change In Property Value	£6	£6	£11,600	£20,706	£27,554	£59,873
Net Return	£5,911	£6,276	£18,495	£28,241	£35,878	£94,800
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	50%