	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,972	£28,392	£28,817	£29,538	£30,276	£144,995
Total Expenses	£22,107	£22,199	£22,283	£22,397	£22,513	£111,500
Profit Before Tax	£5,865	£6,192	£6,535	£7,141	£7,763	£33,496
Profit After Tax	£4,750	£5,016	£5,293	£5,784	£6,288	£27,131
Change In Property Value	£5	£10,760	£19,207	£25,559	£17,806	£73,337
Net Return	£4,756	£15,776	£24,500	£31,343	£24,094	£100,468
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	18%	14%	57%