	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,008	£34,518	£35,381	£36,266	£37,354	£177,526
Total Expenses	£27,301	£27,398	£27,528	£27,660	£27,811	£137,699
Profit Before Tax	£6,707	£7,120	£7,853	£8,606	£9,542	£39,827
Profit After Tax	£5,432	£5,767	£6,361	£6,971	£7,729	£32,260
Change In Property Value	£6	£6	£11,040	£19,707	£26,224	£56,982
Net Return	£5,438	£5,772	£17,401	£26,677	£33,953	£89,242
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%