	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,772	£33,264	£34,095	£34,948	£35,996	£171,074
Total Expenses	£28,090	£28,185	£28,312	£28,441	£28,588	£141,616
Profit Before Tax	£4,682	£5,078	£5,784	£6,507	£7,408	£29,458
Profit After Tax	£3,792	£4,113	£4,685	£5,271	£6,000	£23,861
Change In Property Value	£6	£6	£11,500	£20,528	£27,317	£59,356
Net Return	£3,798	£4,119	£16,185	£25,798	£33,317	£83,217
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	2%	2%	9%	14%	18%	44%