	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,592	£33,081	£33,908	£34,756	£35,798	£170,135
Total Expenses	£28,159	£28,220	£28,313	£28,409	£28,524	£141,625
Profit Before Tax	£4,433	£4,861	£5,595	£6,347	£7,274	£28,510
Profit After Tax	£3,590	£3,938	£4,532	£5,141	£5,892	£23,093
Change In Property Value	£6,150	£6,212	£18,821	£25,847	£30,241	£87,271
Net Return	£9,740	£10,149	£23,353	£30,988	£36,134	£110,364
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	5%	5%	11%	15%	18%	54%