	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,060	£33,556	£34,395	£35,255	£36,312	£172,578
Total Expenses	£26,818	£26,879	£26,973	£27,070	£27,187	£134,926
Profit Before Tax	£6,243	£6,677	£7,422	£8,184	£9,126	£37,652
Profit After Tax	£5,056	£5,409	£6,011	£6,629	£7,392	£30,498
Change In Property Value	£6	£6	£11,600	£20,706	£27,554	£59,873
Net Return	£5,062	£5,414	£17,612	£27,336	£34,946	£90,370
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	14%	18%	47%