	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,800	£32,277	£33,084	£33,911	£34,928	£166,000
Total Expenses	£27,483	£27,542	£27,634	£27,727	£27,840	£138,226
Profit Before Tax	£4,317	£4,735	£5,450	£6,184	£7,089	£27,774
Profit After Tax	£3,497	£3,835	£4,415	£5,009	£5,742	£22,497
Change In Property Value	£6	£6	£11,999	£21,419	£28,502	£61,932
Net Return	£3,503	£3,841	£16,414	£26,427	£34,244	£84,429
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	2%	2%	8%	13%	17%	43%