	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,496	£32,983	£33,808	£34,653	£35,693	£169,634
Total Expenses	£27,864	£27,959	£28,085	£28,213	£28,360	£140,480
Profit Before Tax	£4,632	£5,024	£5,724	£6,440	£7,333	£29,153
Profit After Tax	£3,752	£4,070	£4,636	£5,217	£5,940	£23,614
Change In Property Value	£6	£6	£11,400	£20,349	£27,079	£58,840
Net Return	£3,757	£4,075	£16,036	£25,566	£33,019	£82,454
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	2%	2%	9%	14%	18%	44%