	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,716	£32,192	£32,997	£33,821	£34,836	£165,562
Total Expenses	£27,871	£27,930	£28,022	£28,115	£28,227	£140,166
Profit Before Tax	£3,845	£4,261	£4,975	£5,706	£6,609	£25,396
Profit After Tax	£3,114	£3,452	£4,030	£4,622	£5,353	£20,571
Change In Property Value	£6	£6	£12,199	£21,776	£28,977	£62,964
Net Return	£3,120	£3,458	£16,229	£26,398	£34,330	£83,535
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	2%	8%	13%	17%	41%