	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,272	£31,741	£32,535	£33,348	£34,348	£163,244
Total Expenses	£27,035	£27,094	£27,184	£27,276	£27,387	£135,976
Profit Before Tax	£4,237	£4,647	£5,351	£6,072	£6,961	£27,268
Profit After Tax	£3,432	£3,764	£4,334	£4,918	£5,639	£22,087
Change In Property Value	£6	£6	£11,800	£21,063	£28,029	£60,905
Net Return	£3,438	£3,770	£16,134	£25,982	£33,668	£82,992
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	2%	2%	8%	13%	17%	43%