	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	£27,161	£27,224	£27,323	£27,423	£27,544	£136,676
Profit Before Tax	£7,351	£7,805	£8,583	£9,380	£10,363	£43,481
Profit After Tax	£5,954	£6,322	£6,952	£7,598	£8,394	£35,220
Change In Property Value	£6	£6	£11,700	£20,885	£27,792	£60,389
Net Return	£5,960	£6,328	£18,652	£28,482	£36,186	£95,609
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%