	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,004	£32,484	£33,296	£34,129	£35,152	£167,065
Total Expenses	£25,038	£25,132	£25,256	£25,383	£25,528	£126,337
Profit Before Tax	£6,966	£7,352	£8,040	£8,745	£9,624	£40,728
Profit After Tax	£5,643	£5,955	£6,512	£7,084	£7,796	£32,990
Change In Property Value	£5	£5	£10,000	£17,850	£23,754	£51,614
Net Return	£5,648	£5,960	£16,513	£24,934	£31,549	£84,604
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	3%	4%	10%	15%	19%	52%