	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,600	£34,104	£34,957	£35,831	£36,905	£175,397
Total Expenses	£26,189	£26,286	£26,414	£26,545	£26,695	£132,130
Profit Before Tax	£7,411	£7,818	£8,543	£9,285	£10,210	£43,267
Profit After Tax	£6,003	£6,333	£6,920	£7,521	£8,270	£35,046
Change In Property Value	£5	£5	£10,500	£18,743	£24,941	£54,195
Net Return	£6,008	£6,338	£17,420	£26,264	£33,212	£89,241
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	3%	4%	10%	15%	19%	52%