	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,216	£30,669	£31,436	£32,222	£33,189	£157,732
Total Expenses	£26,049	£26,141	£26,260	£26,383	£26,522	£131,355
Profit Before Tax	£4,167	£4,529	£5,176	£5,839	£6,666	£26,376
Profit After Tax	£3,375	£3,668	£4,192	£4,730	£5,400	£21,365
Change In Property Value	£5	£5	£10,600	£18,921	£25,179	£54,711
Net Return	£3,380	£3,673	£14,792	£23,651	£30,579	£76,076
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	2%	9%	14%	18%	44%