	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,272	£31,741	£32,217	£33,023	£33,848	£162,101
Total Expenses	£22,610	£22,670	£22,728	£22,819	£22,912	£113,739
Profit Before Tax	£8,662	£9,071	£9,489	£10,204	£10,936	£48,362
Profit After Tax	£7,016	£7,348	£7,686	£8,265	£8,858	£39,174
Change In Property Value	£6	£11,800	£21,063	£28,029	£19,527	£80,425
Net Return	£7,022	£19,148	£28,750	£36,294	£28,385	£119,599
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	15%	19%	15%	61%