	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,952	£33,446	£34,282	£35,139	£36,194	£172,014
Total Expenses	£26,521	£26,617	£26,743	£26,873	£27,021	£133,775
Profit Before Tax	£6,431	£6,830	£7,539	£8,267	£9,173	£38,239
Profit After Tax	£5,209	£5,532	£6,107	£6,696	£7,430	£30,973
Change In Property Value	£5	£5	£10,700	£19,100	£25,416	£55,227
Net Return	£5,214	£5,537	£16,807	£25,796	£32,846	£86,201
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%