	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,160	£32,642	£33,458	£34,295	£35,324	£167,880
Total Expenses	£25,339	£25,399	£25,491	£25,586	£25,699	£127,513
Profit Before Tax	£6,821	£7,244	£7,967	£8,709	£9,625	£40,366
Profit After Tax	£5,525	£5,867	£6,454	£7,055	£7,796	£32,697
Change In Property Value	£5	£5	£10,900	£19,457	£25,892	£56,260
Net Return	£5,531	£5,873	£17,354	£26,511	£33,688	£88,956
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	50%