	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,196	£32,679	£33,496	£34,333	£35,363	£168,067
Total Expenses	£26,533	£26,593	£26,685	£26,780	£26,893	£133,483
Profit Before Tax	£5,663	£6,086	£6,811	£7,554	£8,470	£34,584
Profit After Tax	£4,587	£4,930	£5,517	£6,118	£6,861	£28,013
Change In Property Value	£6	£6	£11,500	£20,528	£27,317	£59,356
Net Return	£4,593	£4,936	£17,017	£26,646	£34,177	£87,370
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	14%	18%	46%