	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,908	£29,342	£29,782	£30,526	£31,289	£149,847
Total Expenses	£23,874	£23,967	£24,052	£24,169	£24,288	£120,350
Profit Before Tax	£5,034	£5,374	£5,729	£6,358	£7,002	£29,497
Profit After Tax	£4,077	£4,353	£4,641	£5,150	£5,671	£23,892
Change In Property Value	£6	£11,800	£21,063	£28,029	£19,527	£80,425
Net Return	£4,083	£16,153	£25,704	£33,179	£25,198	£104,318
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	53%