	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,332	£28,757	£29,188	£29,918	£30,666	£146,861
Total Expenses	£22,365	£22,458	£22,542	£22,657	£22,774	£112,796
Profit Before Tax	£5,967	£6,299	£6,646	£7,261	£7,892	£34,065
Profit After Tax	£4,833	£5,102	£5,384	£5,882	£6,392	£27,593
Change In Property Value	£5	£10,898	£19,453	£25,887	£18,034	£74,278
Net Return	£4,838	£16,000	£24,837	£31,768	£24,427	£101,870
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	18%	14%	57%