	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,056	£34,567	£35,085	£35,962	£36,862	£176,532
Total Expenses	£26,267	£26,331	£26,393	£26,491	£26,592	£132,074
Profit Before Tax	£7,789	£8,236	£8,692	£9,471	£10,270	£44,459
Profit After Tax	£6,309	£6,671	£7,041	£7,672	£8,319	£36,011
Change In Property Value	£7	£13,900	£24,812	£33,017	£23,002	£94,738
Net Return	£6,316	£20,571	£31,853	£40,689	£31,321	£130,750
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	56%