	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,360	£39,950	£40,550	£41,563	£42,602	£204,026
Total Expenses	£30,820	£30,891	£30,961	£31,073	£31,188	£154,932
Profit Before Tax	£8,541	£9,059	£9,588	£10,490	£11,415	£49,094
Profit After Tax	£6,918	£7,338	£7,767	£8,497	£9,246	£39,766
Change In Property Value	£8	£16,400	£29,274	£38,956	£27,139	£111,778
Net Return	£6,926	£23,738	£37,041	£47,453	£36,385	£151,543
Return From Rental Income (%)	3%	3%	3%	3%	3%	14%
Total Net Return (%)	3%	9%	13%	17%	13%	55%